GOVERNMENT OF INDIA
English language

Home | MyGov

Accessibility
Accessibility Tools
Color Adjustment
Text Size
Navigation Adjustment
Screen Reader iconScreen Reader
Menus
Sticky Menu

Stakeholder Consultation on Proposed Changes to GST Laws

Start Date :
Jul 10, 2018
Last Date :
Jul 17, 2018
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

In order to engage with the stakeholders and invite comments from the public at large, the Department of Revenue has decided to make available the proposed amendments in CGST Act, ...

In order to engage with the stakeholders and invite comments from the public at large, the Department of Revenue has decided to make available the proposed amendments in CGST Act, 2017, IGST Act, 2017 and the GST (Compensation to States) Act, 2017 in the public domain. The draft proposals for amendments can be seen here. You are invited to submit your comments/feedback on the draft proposals for amendments through this discussion on MyGov.in. To facilitate the analysis of the comments / feedback, you are requested to add a hashtag to your comments. The hashtags should be added using the following scheme:

Use the hashtag #AmendmentSrNo1 for comments pertaining to amendment detailed at serial no.1 of the draft proposals,#AmendmentSrNo2 for comments pertaining to amendment detailed at serial no. 2 of the draft proposals, etc.

In case you have more than one suggestion to offer, you may find it convenient to type out your comments in a separate document, with hashtags specifying the Serial No. for which the comments are being given.

Last date of submission is 16th July, 2018

Reset
Showing 1285 Submission(s)
RAMCHANDRAN GANESAN IYER
RAMCHANDRAN GANESAN IYER 8 years 3 days ago
ease of living means ease of business ease of filing return and ease of credit worthiness. reconcilliation & confirmation of sale and purchase to be made compulsory till final return after 18 months ie monthly return and yearly correction in return of monthly return an time given till october of every year. and then completion of assessment accordingly by the Nodal officer at every state well which would create jobs at Private and Public level. Reconcilliation of data base is the crux. GBU
Dislike (0)
Reply
Report Spam
Atish Hire
Atish Hire 8 years 3 days ago
I am mutual fund distributor. As primary objective of GST, it should be born by end client but in our case AMC put all liability of making GST payment on us. There is no clear guidance about it.
Dislike (0)
Reply
Report Spam
Ajay Sharma
Ajay Sharma 8 years 3 days ago
Mutual fund distributor only help investor complete financial/non financial transactions in MF schemes on behalf of AMC, just like employee of AMC. Instead of salary s/he is paid commissions out of expenses charged to scheme by AMC. AMC pays GST on the expense charged by them to investor. It automatically includes GST paid on commission to MFD. Hence charging GST additionally to MFD on commission amounts to double taxation. Therefore commission paid to MFD should be exempt from GST.
Dislike (0)
Reply
Report Spam
Comments (1)
BALAJI
BALAJI 8 years 3 days ago
Dear Sir, We, the MF Distributors are meeting & convincing the public whose contribution to the Indian Economic growth is very poor, to invest in Indian companies via Mutual funds and thereby making them Financially viable & Rich besides contributing to the Country's growth. Hence those MF Distributors whose income is below RS.20 lakhs per year be completely and permanently kept outside the purview of GST and they may be allowed to add more clients for country's growth... Please understand
Dislike (0)
Reply
Report Spam
Rahul Parashar
Rahul Parashar 8 years 3 days ago
#AmendmentSrNo14 In place of the word "direction", the word "bidding" or "reference" could be used to make it more inclusive since "direction" is more authoritarian in its import than "bidding" or "reference".
Dislike (0)
Reply
Report Spam
Bharat Bhushan
Bharat Bhushan 8 years 3 days ago
TCS slapped on E commerce operators is another classical case after LTCG on equity and Vodafone tax case whereby revenue maximization is the only goal but revenue maximization can never be goal of any country anywhere in the world.Revenue collection by just and fair means can be and should be the target of tax authorities so that business flourish and create job opportunities and uplift the living standards of all sections whether rich, poor or middle class.However changing mindset is difficult.
Dislike (0)
Reply
Report Spam
Rahul Parashar
Rahul Parashar 8 years 3 days ago
#AmendmentSrNo41 Loss of Government Revenue: The explanation to this proposed amendment suggests that if the place of supply is outside India, the supply would not be chargeable to GST.It means in case of all such transactions where the place of supply is outside India, and which otherwise do not fulfil the conditions of export of service, say for example if consideration is not received in convertible foreign currency (except where Rupee is allowed), all those supplies fall outside GST??!!!
Dislike (0)
Reply
Report Spam
Rahul Parashar
Rahul Parashar 8 years 3 days ago
#AmendmentSrNo37 Even though masquerading as an explanation, this is in fact an amendment, that too with a retrospective effect, which will lead to multiple writs since many assessees have already claimed credit of cess such as KKC. Since this goes against the spirit of law as well as the intention of the government when Krishi Kalyan Cess was introduced, this amendment be either withdrawn or a specific exception be introduced for KKC.
Dislike (0)
Reply
Report Spam
Sticky Menu