In a meeting with probationers of 68th batch of Indian Revenue Service (Custom and Central Excise), the President Ram Nath Kovind has appreciated for making goods and services tax a success across the country.
The meeting was done with a speech of president in which he said that “In 2017, Government introduced the GST, the most comprehensive tax reform the nation has seen. It was Indian Revenue Service (Customs and Central Excise) that had the responsibility of making sure that this mega reform was implemented across the nation and the tax assesses were properly educated about the new tax system.”
“It is a matter of satisfaction that the GST regime has been implemented with success ushering in a progressive tax structure that will benefit the economy and honest taxpayers” he added
The president also mentioned that it is the duty of Indian Revenue Service officers to take care of the countries tax resources on hand and to make a thorough research on the funds required for various aspects of national development..
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The president said that “Taxes have been the building block of governance since ages. In ancient times, rulers and kingdoms were judged by the kind of tax systems they had. A nation’s tax structure should be just, efficient, honest and equitable.”
“As administrators, it is the primary duty of Indian Revenue Service officers to ensure that our country has the tax resources to fund different aspects of national development – be it building infrastructure in rural and urban areas, schools and hospitals, defense and security and so on,” he added
Upon the end of the speech, he requested that the Indian Revenue Service officers must try to follow good practice and which “encourages honest tax compliance with minimum discomfort to taxpayers”
The president has been appreciating the implementation of GST in India since its onset from 1st July but there are still some issues pending across the industries of India.
In the upcoming 30th GST council meeting, the GST council will see through the matters related to the MSME sector and will also see other issues of exporters based on the refund mechanism.
