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Stakeholder Consultation on draft Integrated Goods and Services Tax Law for Inter State Trade or Commerce

Start Date :

Jun 17, 2016

Last Date :

Jul 18, 2016

18:45 PM 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 draft Model Laws on Goods and ...

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 draft Model Laws on Goods and Services Tax (GST) in the public domain.

There are two Model Laws on GST which are being put up in the public domain. This discussion pertains to the Integrated Goods and Services Tax (IGST) Law for the Centre which relates to Goods and Services tax on supplies in the course of inter-State trade or commerce. The draft law can be seen here. You are invited to submit your comments / feedback on the draft law 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 #IGSTChap1 for comments pertaining to Chapter 1 of the IGST Law, #IGSTChap2 for comments pertaining to the Chapter 2 of the IGST Law, 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 Chapters for which the comments are being given. This document can be converted into a PDF and uploaded in the discussion thread.

Click here to read the Model IGST Law Draft 1

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Showing 354 Submission(s)

swaminathakurukkal kumar 9 years 11 months ago

All the GST drafts is good. Please make the interest and penalty for the first one year - implementation stage is very low as some of the small industry or small traders to understand the GST it will take some time and due to the late payment of tax is commoon for most of the SMEs. Pls. also avoid hard copy submission of monthly return or periodical return to the concerned Department offices. Please mention in your draft the soft copy or online filing of return is sufficient.

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sujit lotlikar 9 years 11 months ago

sir, i like to highlight about raincoat for pwd/police/electricity,30 year back average one pair used to remain for 5 to 10 year,where as presently quality reduce to zero like one use & throw,under make in India we need to revive old quality so that all purchase made by states need to see quality parameter,or need to make rule for supplier for govt for such or- issue guideline about supplier list with quality guarantee.

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sujit lotlikar 9 years 11 months ago

sir,proposed gst act implement in coming financial year,shortfall will come on notice only after implementation & functioning,if we can keep time of 6 month for valid amendment in laws same will reduce discrepancy. keep option for small/medium trader for self calculation on turnover,online trader with benefit for buyer states-section is not notice in proposed model,percentage will increase if hassle free rules,register/ maintain purchase/sale,self tax table for not keeping book,pay tax & forget

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Nilesh Shah 9 years 11 months ago

VERY GOODS YOU HAVE TO PUT GST TAX & DONT MAKE ANY TAX FREE GOODS. IF YOU MAKE TAX FREE SOME OF GOODS & THERE WHILE ME LEAK IN TAX. FOR EXP. IF YOU MAKE SOME MATERIAL TAX FREE ...MANY BUYER THEY BUY IN TAX FREE ALSO INVOICE WHILE ME SAME TAX FREE & MATERIAL WHILE ME TAXABLE. DON'T GIVE ANY CHANGE FOR TAX FREE DONT LIVE ANY MATERIAL WITHOUT TAX. ALL MATERIAL WHILE ME TAXABLE.

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Rajesh Mohan Sharma 9 years 11 months ago

A clear cut policy will be needed for the stocks bought under present tax structure on how those will be taxed. Otherwise there is scope for the tax man to harass the trader. Every body will be having stock bough under the present tax structure when the switch to GST happens. Either it has to be exempted from tax or tax should be charged on the formula of GST rate minus the Vat already paid on the item

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