Empowering MSMEs with News & Insights

Maritime Fraternity raises concerns over GST compliance and its costs

Updated: Jun 20, 2017 06:44:49am
image

Maritime Fraternity raises concerns over GST compliance and its costs

New Delhi, June 20 (KNN) Various concerns have been raised over GST compliance and its costs by representatives association with the Shipping sector during a workshop on “GST for Shipping” conducted in the national capital.

The Ministry of Shipping has made a note of various issues which need to be brought to the attention of the Ministry of Finance. 

As the entire sectors across the country are gearing up to adopt GST regime from July 1, 2017, Ministry of Shipping conducted a workshop on “GST for Shipping” in the national capital to sensitize all constituents of the maritime fraternity.

The workshop was attended by representatives from ports, various attached and subordinate organizations under the Ministry of Shipping and industry associations. 

Chairing the workshop, 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.

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. 

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *