The Beginning…….

1^st July will mark the First anniversary of a start of the new era in the Indian Taxation system. A new tax regime called “Goods and Services Tax” or the “GST” was introduced a year back. India witnessed a huge anxiety, fear, hope and many more things during past 12 months. 

Many people have many opinions about GST. It is quite natural too. After all, it was one of the biggest and most crucial reforms that were introduced in India since Independence. Now that finally the dust has been settled; it is ripe time to visit the most ambitious tax reform of our times. There is a need now; more than ever; to get acquainted with the law before us. This series is an attempt to understand, discuss and comprehend the GST Law.

This series will focus on different aspects of the GST. The primary objective of the series is to create awareness about the law before us. It’s an attempt to help people know more about the GST. The series will throw a light on different aspects of GST, the procedures, the compliances and many more things.

In the past one year, I felt the need to address many key issues which are not addressed as far as the GST is concerned. It was a reform that made more noise than required. The noise, I felt, was created more by the people who are least concerned about it. But amidst all this noise the real stakeholder of the GST, the entrepreneur, was mostly neglected. An entrepreneur, even if he disagrees with the statute, has to comply with it. He has no option to boycott the law of the land. He is the person who should be made more comfortable with the new regime.

This series is an attempt to help this stakeholder and all others with the GST law. This series will nowhere feature he political views or the rhetoric.  

Your suggestions and inputs are most welcome and We would definitely include the areas which you suggest.

To be Continued…...

CA Avadhoot R Gokhale

9850406622

arg@saarvam.in