ALSO READGST: Rough weather ahead for shipping GST impact: Entertainment, cable, DTH to enjoy lower taxes from July 1 Ministries bat for lower GST rate for airfares, leather, cement sectors GST: Concept of luxury expands; paints, chocolates under 28% GST: Lower taxes to prevail in entertainment sector, says Finance Ministry
Chairing the workshop Shri Rajive Kumar, Secretary Shipping said that it was the endeavour of the Ministry to try and communicate the efforts of the Government of India to the maritime fraternity, and at the same time understand the concerns of the industry so that there can be a smooth moving over to the GST regime. He also informed that the Ministry and all the subordinate offices have constituted dedicated GST cells for smooth implementation of GST. Compliance and its costs were the most voiced issue amongst participants and the Ministry of Shipping has made a note of various issues which need to be brought to the attention of the Ministry of Finance.
GST experts from Departments of Revenue and Industry made presentations in the workshop, explaining the modalities of GST. Various aspects related to GST compliance like registration and return filing were discussed in detail.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)