GST Rollout | simply inTAXicating
Although the GST laws are about to cross the legislative hurdles and the Draft Rules are already in the public domain but the GST Experts are not too happy with certain changes made in the FINAL copy of the Bills. They feel that before the implementation of the GST, the GST Council would perhaps be required to go for at least ONE ROUND of legislative amendments. Some of the changes in the Works Contract, provisional credit provisions and also transitional provisions, have not been welcome by the Industry and Trade. But, some changes which are beneficial to the industry have earned praise. And they are the multi-purpose voucher; related party transactions; actionable claims etc. To know more, TIOL TUBE invited three experts - Mr Sumit Dutt Majumder, former CBEC Chairman; Mr Pratik Jain, National Leader, GST, PwC and Mr R Sridhar, Sr V-P, Hindustan Coca Cola Beverages Pvt Ltd. The Episode was anchored by the TIOL Founder Editor, Mr Shailendra Kumar.