And now Road Show on GST
The DTC Road Show had been on for quite some time – now it is the GST show. Yesterday the CBEC Members Dutt Mazumder and YG Parande were at the PHD Chamber of Commerce explaining the GST. Today they will join Revenue Secretary Bhide in Hyderabad to tell the world what the GST is all about.
In the case of DTC, they have a detailed draft code ready, but for GST all that they have is the Discussion paper of the Empowered Committee – which the Union Finance Minister only promised to consider. There is yet no paper from the Central Government.
DDT asked a Deputy Commissioner of Central Excise what the meeting of the Revenue Secretary was all about. “Absolutely no clue!” he replied. You are absolutely right Sir, nobody has a clue.