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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)
Arbind Aggarwal
Arbind Aggarwal 8 years 3 weeks ago
Why input tax credit on civil construction is not allowed? Setting-up of a factory needs huge investment and all the items in construction of the factory/office are covered under GST. Therefore, credit restrictions must be removed on all inputs except personal consumption.
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Samapathkumar D
Samapathkumar D 8 years 3 weeks ago
#AmendmentSrNo15 In Capital Project where the project will be running for 3 to 5 Years and certain % say 10% of payments towards Material supply would be payable to contractor at the end of commissioning of entire project i.e after 3/5 Years from the dare of Invoice and If GST is paid in full for such material supply along with payment as per Contract Terms and just holding the amount payable to Lump Sum Turn Key Contractor as per contract terms, ITC Reversal need not be insisted.
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Samapathkumar D
Samapathkumar D 8 years 3 weeks ago
#AmendmentSrNo15 In Capital Project where the project will be running for 3 to 5 Years and certain % say 10% of payments towards Material supply would be payable to contractor at the end of commissioning of entire project i.e after 3/5 Years from the dare of Invoice and If GST is paid in full for such material supply along with payment as per Contract Terms and just holding the amount payable to Lump Sum Turn Key Contractor as per contract terms, ITC Reversal need not be insisted.
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Arbind Aggarwal
Arbind Aggarwal 8 years 3 weeks ago
Rectification of all returns should be allowed. Cash ledger should not have any distinction of taxes/interest/penalty etc. Only amount deposited should reflect in the challan and cash ledger and all payable should be allowed to be adjusted from the common pool of amount. Today any wrong deposit result in refund which is disruptive. Revenue should be concerned for utilisation under different heads and the deposits. Single code for deposit - may be GST payments.
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HEMANT SIKKA
HEMANT SIKKA 8 years 3 weeks ago
ITS VERY COMPLICATED TO COMMON MAN THAT SOME INPUT ALLOWED UNDER SOME SECTION AND SOME INPUT NOT ALLOWED UNDER SOME SECTION THEY ARE NOT MUCH CONVERSANT WITH THIS TYPE OF LAW
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HEMANT SIKKA
HEMANT SIKKA 8 years 3 weeks ago
LOT OF STAKE HOLDER ARE STILL STRUGGLING DUE TO NOT TAKEN INPUT CREDIT ON EVERY EXPENDITURE SINGLE SYSTEM WILL BE APPLICABLE EITHER EXPENSES GST ALLOWED OR NOT ALLOWED NO MORE CONFUSIONS REQUIRED
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Arbind Aggarwal
Arbind Aggarwal 8 years 3 weeks ago
Dear Sir, One crucial/important amendment is needed. ITC credit on the capital goods is required to be reversed in case some exempted goods are also supplied. Here many conditions are there and it is practically just impossible to calculate this each month. There is no clarity on the method, dates of credit and date of invoice and the calculation of turnover for this purpose. This reversal is generally a little amount,it should be removed. Other is rectification of return.
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