Commerce ministry engaging with stakeholders to resolve GST issues
The commerce and industry ministry is organising consultations with all stakeholders, including exporters, to resolve their issues pertaining to the Goods and Services Tax (GST).
The Directorate General of Foreign Trade (DGFT), under the ministry, has constituted a GST facilitation cell to assist and advise exporters, trade and industry for smooth transition from present regime to the GST.
"DGFT also convened a meeting of stakeholders to understand the issues being faced by them in GST system. These issues have been taken up with department of revenue and GSTN," the commerce ministry said in a statement.
Most of issues have been resolved by the department and GST Network, it added.
It said that exporters can email their queries concerning GST and pertaining to foreign trade policy to the facilitation cell. "All regional offices of DGFT have also constituted GST facilitation cell and the cell would headed by head of the regional office," it said.
The ministry has announced to align the mid-term review of foreign trade policy with roll out of GST for the convenience of exporters and industry. Introduction of Goods and Services Tax (GST) is a step in the reform of indirect taxation in India. The GST is governed by GST Council and its Chairman is Union Finance Minister of India - Arun Jaitley. GST is scheduled to be rolled
out from July 1.