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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

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Showing 1285 Submission(s)
PUSHPRAJ SHRIVASTAVA
PUSHPRAJ SHRIVASTAVA 8 years 4 days ago
Hi Unable to understand why GST applicable on Mutual Fund industry ONLY. All the other financial products are exempted from GST then why ONLY Mutual Advisors are liable to pay. There is suggestion and demand Advisor of Mutual Funds should be exempted from GST.
Rajesh Gupta
Rajesh Gupta 8 years 4 days ago
I am a Mutual Fund Distributor.I am being asked to pay GST under RCM. How come a GST be asked by GOI which is neither collected nor reimberserd by AMC ( Asset Management Company or Mutual Fund co).
Hemanth N
Hemanth N 8 years 4 days ago
In case of any technical issues in GSTIN website, please provide a pop-up message on home page about the ongoing issue / problem with GSTIN website. This will avoid unnecessary logging into GSTIN website and save time. Eg: There are times while making GST payment, the payment window gives an error (screen shot attached). We keep trying multiple times, to make the payment and waste our time.
mygov_153162430053060061
S N TYAGI
S N TYAGI 8 years 4 days ago
Dear Sir, We humbly demands further amendment in Section 35(5) and Section 44(2). The word “audited by a chartered accountant and cost accountant and other records and shall submit a copy of the audited” shall be deleted and will be substituted as “Examined by a GST Practitioners” and other record and other records and shall submit a copy of the verified annual accounts,” In section 44 and sub section (2) the word “audited” shall be replaced by “examined”.
Anjanikumar Koppala
Anjanikumar Koppala 8 years 4 days ago
I am a mutual fund distributor, I recommend mutual funds to investors. I never collect money from people and there is no trading as for as goods/ services concerned.but I am required to register for GST.if my income from all commission exeeds 20 lakhs I have to pay gst. Mutual fund distributor can be placed under categories like insurance agents and TDS may be introduced for them in place of GST. It's not fair to keep MFD under service tax. Pls consider and make our life easy to distribute MF.
Chirag Nanubhai Gandhi
Chirag Nanubhai Gandhi 8 years 4 days ago
" we Request the following amendment After the words cost accountant “ or a GSTP having 5 years of experience (as STP) and passed the examination conducted by NASIN and shall submit a copy of audited annual accounts......"
SHAH DHAVAL ATULKUMAR
SHAH DHAVAL ATULKUMAR 8 years 4 days ago
really nice concept..But the price is increasing drastically.On otherside family income is stagnant.So to maintain both tax reduction is must. Ofcourse waiting for reply
Umesh Soni
Umesh Soni 8 years 4 days ago
" we Request the following amendment After the words cost accountant “ or a GSTP having 5 years of experience (as STP) and passed the examination conducted by NASIN and shall submit a copy of audited annual accounts......"
Subir Kumar Pradhan
Subir Kumar Pradhan 8 years 4 days ago
I want GST tag should be removed from mutual fund distribution community.As we are not charging any GST to our customers.
Balbir Singh
Balbir Singh 8 years 4 days ago
Dear Sir, We humbly demands further amendment in Section 35(5) and Section 44(2). The word “audited by a chartered accountant and cost accountant and other records and shall submit a copy of the audited” shall be deleted and will be substituted as “Examined by a GST Practitioners” and other record and other records and shall submit a copy of the verified annual accounts,” In section 44 and sub section (2) the word “audited” shall be replaced by “examined”.