Business

Nirmala Sitharaman holds meeting on GST simplification

Union Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman  

Similar meetings across country on Dec 7

Finance Minister Nirmala Sitharaman on Saturday held a meeting with chartered accountants, traders and other stakeholders as part of efforts to further simplify Goods and Services Tax (GST) forms and make the filling process more user friendly. To highlight the problems faced by GST filers, the stakeholders attempted to file specific returns on a real-time basis in the meeting and tried to show where they were facing difficulties.

The Finance Minister assured the stakeholders that their suggestions on simplification of GST filing will be implemented soon, Revenue Secretary Ajay Bhushan Pandey said after the meeting here.

The Minister also suggested to hold similar exercises in the entire country next month to understand the issues and concerns of GST filers, the secretary further said.

“Commissioner of a circle will call in some of assesses who will file in return and give suggestions. It was also decided that the GSTN and CBIC will interact regularly after December 7 as this is evolving system and this kind of interaction are required for further improvement of the system,” he said.

New GST return is available on the portal for trial and consultations will be held all across the country on December 7 to get feedback on the new system, he said, adding about 85,000 returns on voluntary basis have been filed so far although the new form becomes mandatory from April 1, 2020.

As a part of the ongoing efforts to address concern raised on the process of filling GST forms, the finance minister invited Rajasthan Tax Consultants’ Association, ICAI, CAIT and Laghu Udyog Bharti and they attempted to file specific returns on a real time basis and tried to present where they are having difficulties.

A letter from the Editor


Dear reader,

We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.

Support Quality Journalism
Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | Jun 5, 2020 10:41:38 PM | https://www.thehindu.com/business/nirmala-sitharaman-holds-meeting-on-gst-simplification/article29995821.ece

Next Story