News Update

New Income tax Code to be developed internally by CBDT, says Revenue SecretaryKejriwal to remain in judicial custody till Aug 8CCI approves combination involving Amazon Asia-Pacific, Frontizo, Appario, Haverl and CRPLUS economy grows by 2.8% in Q227 companies have cumulatively invested Rs 465 crore under PLI Scheme for IT HardwareCus - Adjudication proceedings initiated on the ground of 'illegal export' whereas seizure was on the belief that there is 'illegal import' - Clear lack of jurisdiction: HCIndonesia introduces golden visa programme to attract investmentCus - An assessee cannot be deprived of its justifiable money - Refund to be granted along with interest @8%, although Act provides interest @6% - Difference of 2% to be recovered from officers responsible and mention be made in their service records - Cost of Rs.1 lakh also payable: HCRailways deploys Kavach on 1465 Route km and 144 locomotives on South Central RailwayCus - It is settled law that Tribunal cannot travel beyond the scope of relief and the case made out in the show cause notice: HCHeavy rains batter Pune; 6 dead; Snafu at Mumbai AirportCus - RoSCTL Scheme - Right accrued pursuant to any law and/or Scheme in favour of the person cannot be denied merely due to any technical error and/or glitch: HC18.6 lakh candidates signed-up on 'FutureSkills PRIME' for Re-skilling of IT ManpowerST - Not only is the assessee a PSU but also if the tax had been paid on reverse charge basis, they would have been entitled to take credit - Net effect is the exercise is revenue neutral - Tribunal rightly set aside the penalty: HCSC Constitution Bench upholds rights of States to levy royalty on mineral taxGST - DRC-01 was not accompanied by SCN - Order passed - Violation of principles of natural justice - Orders set aside and matter remanded: HCAustralia notifies sanctions against Israel for West Bank violenceBudget 2024 plays unfair with property owners; redefines HNIs!Delhi HC imposes Rs 1 lakh fine for defaming judges on social mediaBudget 2024: A Comprehensive Perspective on GSTUS cautions tech start-ups on security threats from overseas investorsTaxonomy is not about taxesBudget for Vikasit BharatWill the Old Tax Regime be Consigned to A Margadarshak Role?

MESSAGE BOARD

   

GST - The Dual Control Duel - Power Distribution - Vertical or Horizontal Split?


GST Control System,

Dear Sir,

The beest possible way is as under:-
1. GST will be excluded from CBEC and they should renamed for Customs & Narcotics purposes only.
2. GST work of CBEC under GST Council and officers on deputation as usual.
3. Audit work of CBEC shifted to CAG (Controller & Auditor General)who is the competent body for audit and Audit people deputed with CAG.
4. All GST collection work will be with State Govt and officer of CBEC deputed to
State VAT department for collection purposes. They will be rotated from Audit & Prevebtive section as per policy formulated.
5. As GST is based on IT infrastructure their is no harm giving collection to Stats who have no power to utilise the same as the same is deposited in GST accounts and GSTN distribute among states and Cental as per heading of accounts.
6. When Police, Land Revenue is withi state govt, why not GST for collection purposes.
Why not simple syatem will be made for this purposes.
Even today IAS & IPS & IFS are working under States why not GST people.
Although the same will be under States, but States have limited power in Administration and efficient process can be developed by this system.
Above are the thought process for further thinking on the matter.
Thanks,
S. P. Singh
Central Service Pool
CBEC GSTdesolved and all powers should be wasted in GST Councli, Customs &

SATYA PRAKASH SINGH 07/11/2016

 

Back

TIOL Tube Latest

Dr. Shailendra Kumar, Chairman, TIOL Knowledge Foundation, addressing the gathering



Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.