No centre-state wall: Officials handling GST can assess all - published Economic Times


No centre-state wall: Officials handling GST can assess all - published Economic Times
229 Views
|
Thursday, October 11, 2018
|
View All News

Dear all,

Your association is forwarding herewith an article “No centre-state wall: Officials handling GST can assess all” published by Economic Times dated 10/11/2018.

As per article of ET, the government has clarified that both the state and central authorities handling the goods and services tax have enforcement powers over all assessees in a state, triggering fears that the industry may get caught in a crossfire between the two. 

The Central tax and State tax authorities are allowed to initiate intelligence-based enforcement action on the entire taxpayer base, irrespective of the administrative assignment of the taxpayers to any authority, Central Board of Indirect Taxes and Customs member Mahendra Singh wrote to officials, citing the minutes of a meeting of the Goods and Services Tax Council. 

For more information, please go through the attachment.

Thanking you,
With regards,

For Silvassa Industries & Manufacturers Association, 

Narendra Trivedi,
Secretary


Other News by SIMA