Why it makes sense to rewrite the entire GST Law
by Jonna Vijayakumar (View MyPage) on Dec 07, 2017 02:58 PM | Hide replies
I am unable to agree that the GST Law requires to be rewritten. The law is based on the earlier enactments of both Central and State Governments. Several provisions have been drawn from State Act. The drafted law has been discussed and then finalised. Since it is a new law, a few glitches are bound to occur. Even earlier during Central Excise and Service Tax regime, whenever any budgetary changes took place, these changes were incorporated in the Return Forms and the Acts. Some affected assessees indeed complained of frequent changes made. But, no body suggested to the extent of rewriting the entire law. No doubt, the small businessmen have difficulty in filing the returns. For this reason, the Government kept extending the dates. But they can be helped. The way GST Council is responding to the representations made about the perceived difficulties in complying with the law deserves appreciation. Exemptions and modifications require to be made during implementation. Let us not rewrite the law but improve upon it. No law can be 100 per cent error-free.
Re: Re: hi
by chanakya maurya (View MyPage) on Dec 07, 2017 01:09 PM
Sunil, what if they chose to re-write the history of Bharatvarsh from the day the union jack was lowered to the day they form a government ?
FM considers every countrymen a tax evader, he has made even Post Offices as banks,but no one is ready for it to provide services, people are suffering, similarly he has made GST full of typical legality without knowing people grievances, he has failed. Tax terror is the basis of Modi govt. appears govt. is only interested in tax collection not to provide services.
This article is useless and totally biased. Let the author bring a TOTALLY NEW GST someone again will prove to be thrown in dustbin. Let us accept what has been proposed. Determine pitfalls, modify and move forward. The common human tendency is to oppose the change.