Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Constitution of Sectoral Groups on GST

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Constitution of Sectoral Groups on GST - Goods and Services Tax - GST Dated:- 4-8-2017 - News - The Goods and Services Tax (GST) Council in its 14th meeting held on 18-19 May, 2017 approved the constitution of eighteen sectoral groups to ensure smooth roll-out of GST. The Council has received reports from sixteen out of the eighteen sectoral groups. The GST Law Committee comprising of officer .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s of the Central and State Governments have drafted guidance notes based on these reports for some of the sectors. The eighteen sectoral groups are as follows i. Banking, Financial and Insurance Sector ii. Telecommunication iii. Exports including EOUs and SEZs iv. IT/ITES v. Transport and Logistics vi. Textiles and Footwear vii. MSMEs .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , including job work viii. Oil and Gas (upstream and downstream) ix. Gems and Jewellery x. Services received and provided by the Government xi. Food Processing Sector xii. E-commerce xiii. Big infrastructure (Airports Sea ports including Maintenance, Repair and Overhaul, Power Sector, Housing, Construction and Highways) xiv. Travel and tourism .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xv. Handicrafts (Exports) xvi. Media and Entertainment xvii. Drugs and pharmaceuticals xviii. Mining Each sectoral group has obtained feedback from the trade and industry and also held meetings with the various stakeholders and various JS level nodal officers from various ministries. The contact details of the co-conveners of the sectoral groups were also placed in the pub .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lic domain for members of the trade to send their representations. Based on the inputs received, the sectoral groups have prepared their reports on the basis of which, the Law Committee has finalized Frequently Asked Questions on eight sectors, namely Handicrafts, Mining, Drugs Pharmaceuticals, e-Commerce, Food Processing, MSME, Exports and Textiles, which clarify several issues/apprehensions of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the sectors of industry. These FAQs have been released in public domain. This was stated by Shri Arun Jaitley, Union Minister for Finance in written reply to a question in Lok Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates