Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: VAT Audit :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: form 3cd :: empanelment :: VAT RATES :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: cpt :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India
 
 
« News Headlines »
 Is government tapping your phone?
 Income tax department to use analytics to look for discrepancies in bank accounts
 GST Council fails to break deadlock over indirect tax regime, next meet on Dec 11 and 12 to hammer out differences
 Invoking Writ Jurisdiction For Income Tax Matters
 How to file income-tax returns online
 How Income Tax Returns Are Scrutinised
 All About New Income Disclosure Scheme to make Demonetisation successful
 Your deposit may draw income tax notice
 Accepting payment under IDS 2016
 New disclosure scheme could see 50% tax and 4-year limit on cash use for unaccounted deposits
 Pay 50% tax on unaccounted deposits, or 85% if caught, says Modi government

Panel to suggest model for settling disputes in GST regime
October, 13th 2007
New tax to come into force from April 2010


A joint working group has also been set up to recommend an appropriate GST model for the consideration of the VAT panel.


The Empowered Committee of State Finance Ministers on value added tax may suggest an appropriate model on how disputes should be adjudicated in the proposed common goods and service tax (GST) regime, its Chairman, Dr Asim Dasgupta, has said.

We will look into this issue (adjudication of disputes) also and recommend a suitable solution, Dr Dasgupta told said, when asked whether the VAT Panel would suggest a mechanism for adjudicating disputes in a common GST regime.

The Finance Minister, Mr P Chidambaram, had recently stressed the need for a re-think on how disputes should be adjudicated in a common goods and services tax (GST) regime. He had also asked the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) to suggest a model.

The Union Government has already announced its intent to introduce GST by April 2010.

The VAT panel had toured several federal countries where GST has been implemented to gain better understanding of the various GST systems.

A joint working group, comprising the Union and State Government officials, has also been set up to recommend an appropriate GST model for the consideration of the Empowered Committee.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Organic SEO Outsourcing Organic Search Engine Optimization Outsourcing Organic Website SEO Organic SEO India Website SEO India Organic Search Engine Optimization India Organic Internet SEO India Organic Web

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions