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| Ram Sahai Memorial Lecture on GST's effectiveness organized | | |  Early Times Report
JAMMU, Mar 28: Indian Institute of Public Administration (IIPA) J&K Regional Branch and Confederation of Indian Industry (CII) today organized 5th Ram Sahai Memorial Lecture on "Effectiveness of GST".
The lecture was held in memory of Ram Sahai, one of the founding members of the Regional Branch. Parveen Kashyap, Director, Grant Thornton India LLP and Adarsh Gupta, Grant Thornton India LLP jointly delivered the memorial lecture.
Khurshid Ahmed Ganai, Chief Information Commissioner J&K was the Chief Guest of the function. The function was held under the guidance of Dr. Ashok Bhan, Patron IIPA, and J B S Johar Honorary Secretary, J&K Regional Branch.
Parveen and Adarsh made a detailed presentation highlighting the genesis and effectiveness of GST. While giving the consultant perspective, they said that GST has been able to bring uniformity in the taxation structure in the country.
Talking about the recent updates including E-Way bill, reverse charge mechanism, increased transparency they suggested that there is a need to eliminate the technical glitches, integrate the IT system and rationalize the tax structures in the long run. They informed that J&K still lacks in terms of GST compliance as only 65 percent of the business has filed the returns.
Gyan Sarvar, IRS, Commissioner CGST and Central Excise Commissionerate, J&K in his address said that, GST is a big reform measure and in a complex and diverse economy like India, the system shall soon stabilize and it is premature to draw conclusions.
The Chief Information Commissioner in his address remembered the contribution of Sahai to business society in the state of Jammu & Kashmir. He said that 'GST is a big change for the society and appropriate measures at the policy level should be ensured so that the business is enabled to adhere to the new changes."
Rahul Sahai, Chairman Ram Sahai Foundation, Past Chairman CII and Son of Ram Sahai thanked Ganai taking part in the programme. He said that 'plight' of business community has been understood by Sarvar and he will try to ease our GST burden for the good of business community. He also thanked Dr. Bhan for his support to this memorial trust.
Dr. Bhan in his presidential remarks while paying homage to Ram Sahai said that he bought together the voice of common man and systemic changes. He looked into the effectiveness of GST from the consumer perspective and raised the concern whether the benefits of GST are reaching the end consumers. |
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