The Goods & Services Tax (GST) is the most significant taxation reform to be introduced in India since independence. GST seeks to make taxation simpler by subsuming a host of indirect taxes, duties, surcharges and cesses into a single tax. However, the success of the transition process will involve a clear understanding of the various provisions and procedures to be followed as per the GST law.
CII Western Region has constituted a Taskforce on GST Implementation to support members in smooth transition to the GST regime, under Mr. Sudhir Mehta, Chairman, CII western Region. Confederation of Indian Industry (CII) in association with MIDC Industries Association (MIA) organised GST Clinic recently at MIA Hall, P-26, MIDC Industrial Area, Hingna, Nagpur, where an eminent panel have responded to the queries posed by Industry Members. It was a interactive session & very well attended by more than 80 delegates from the industry. Two hours session was chaired by Capt. C.M. Randhir, President MIDC Industries Association. Miss Nupoor Agrawal, Joint Partner of Lakshmikumaran & Sridharan Attorneys from Mumbai having expertise in taxation deliberated on various aspects of CGST / SGST / IGST & various local, state & central taxes subsumed therein. Vote of thanks were proposed by Mr. C.G. Shegaonkar, Secretary MIA. Present on the occasion were Mr. Abhaya Singh, Head of Vidarbha Zone-CII, members of CII, Representatives of Mahindra & Mahindra, Duraweld Metsys Pvt Ltd., Amitasha Enterprises Pvt. Ltd., Metaflux Company Pvt. Ltd.Mr. Mahesh Poddar, Director Sandeep Metal craft, Mr. Nikhil Patwardhan, Director Duraweld Metsys Pvt. Ltd. Mr. Pranav Ambaselkar Director, EPES Thermorub (I) Pvt. Ltd., Mr. Vijay Singh Mathuria, C.B. Industries, Mr. P.S. Patil, ANK Seals Pvt. Ltd. K. K. Daga, Mr. Amit Majumdar, Ganesh Ballamwar, Mr. Raghu Prasad, G.L. Neema, Mr. Arvind Kalia, Mr. S.M. Patwardhan, Mr. N. N. Gupta, & other representatives of Industries in MIDC Hingna, Nagpur