• twitter-icon
Unlimited Tax Return Filing


Commercial Taxes Department Started Preparation for GST Regime

commercial-taxes-department

The Commercial Taxes Department has started working in the way of welcoming the implementation of the Goods and Services Tax (GST) regime, which is to be done by next year.

Presently, the department has been assigned with three priority tasks such as submitting recommendations to frame the State GST Law and rules/regulations, training the appointed officials and building a back-end processing system. According to sources, the department is indulged into preparing suggestions for the enforcement of the new tax law. It will take two months of time to complete.

Read Also: Suggestions for Indian States To Get Through GST Law Easily

After the GST gets implemented, the nation will have a single GSTN portal for traders’ registration, returns submission and payment procedure. The states need to develop a processing system in order to manage the back-end tasks like scrutiny, registration approval, refund and audit of returns etc.

The states have two options- either to develop the back-end processing system with the help of Goods and Services Tax Network (GSTN) or on their own. GSTN is a non-profit entity assigned with building the technology backbone for the new tax regime.

Recommended: How to File GST Return Online in India

Kerala has opted to develop the complex back-end software application on its own, has roped in the NIC for technical assistance. A software development unit will start working at the Commercial Taxes headquarters from November 1 onwards. The recruitment drive for 26 IT professionals to the unit are under way. The NIC will lead the team. A deputy commissioner of the Commercial Taxes Department has been appointed in Delhi to provide state-specific inputs for the official GSTN portal.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Saurav Kumar (Ex-Employee)
Saurav kumar is a engineering graduate. He is into the Technical writing profile and writes about the Industry, Feature articles and other articles related to taxation industry. View more posts
SAGINFOTECH PRODUCTS

Leave a comment

Your email address will not be published. Required fields are marked *

Follow Us on Google News

Google News

Latest Posts

New Offer for Tax Experts

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Best Offer for Tax Professionals

Upto 20% Discount on Tax Software

    Select Product*

    Current GST Due Dates