Panel to give feedback on new GST system

 Panel to give feedback on new GST system

The Goods and Services Tax Network (GSTN) has set up a consultation committee to provide feedback on new functionalities in the GST system. Suggestions will be related to policy and technology. The committee, which will include representatives from selected states recommended by the GST Council, member secretary of GSTN, representatives from the Central Board of Indirect Taxes and Customs (CBIC) and independent experts, will provide suggestions related to policy and technology, as per an office order issued to the effect.

The panel will also have representatives from trade and industry bodies such as CII, Ficci and ICAI. It will provide feedback “when significant changes are brought in the system, or when changes in business processes are contemplated”, the order said. “Provide feedback on procedures and processes from point of view of tax payers and tax consultants,” it said. The committee will elect its chairman at the beginning of every meeting, while the strength of the quorum will be a third of the total number of members.

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