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Wednesday, June 14, 2017

Govt to go soft on GST monitoring for a few months, let traders settle down

NEW DELHI: There will be some leniency in monitoring and implementation of the new goods and services tax in initial months to allow businesses to settle into the new tax regime, a review of GST preparations by a group of senior ministers was told.

The discussions held on Wednesday saw the ministers being given a presentation of the planning done by the government so far, with officials informing that more than 4,500 meetings had been held all over the country to familiarise traders and businesses with the landmark tax reform.


Though there have been several exercises to prepare for the rollout, ministers agreed that there is a lot that may not be fully anticipated and there is need for a quick response. The perception battle will see BJP ministers and organisation engage in a major outreach and this has been the subject of planning in the government as well.

PMModi has urged ministers and the officials concerned to ensure a massive outreach over the GST and ensure that its benefits are fully explained. The review also discussed measures to take the message to both consumers and businesses and improve compliance in an effort to win the perception battle.

Source:-TOI

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