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Council constitutes 18 sectoral groups for smooth roll-out of GST

Council constitutes 18 sectoral groups for smooth roll-out of GST

India Blooms News Service | | 09 Jun 2017, 02:03 pm
New Delhi, Jun 9 (IBNS): The Union Finance Ministry announced on Friday that the Goods and Services Tax (GST) Council has formed 18 sectoral grous for the smooth roll-out of the new tax regime.

The decision was taken at the 14th meeting of the GST Council held on May 18 and 19, 2017, in Srinagar, Jammu and Kashmir.

The 18 sectoral groups are expected to represent various sectors of the economy to ensure a smooth roll-out of GST.

These 18 groups will have senior officers of the Centre and the states, and are expected to ensure smooth implementation of GST by timely responding to the issues and problems of their respective sector(s).

According to the Ministry, the objective of the sectoral groups will be to interact and examine representations received from trade and industry associations/bodies of their respective sector, to highlight specific issues for the smooth transition of the respective sector to the GST regime.and to prepare sector specific draft guidance.

The Ministry in its release said that concerned industry groups/associations or even individual industry representative(s) may approach the respective sectoral group officers with their problems, if any, relating to GST implementation who, in turn, will try to guide and help them in resolving the same.

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