What is CBEC's Role in GST?
THE conference of Chief Commissioners was informed by Member (ST) that CBEC will have a key role in the levy and collection of CGST, IGST and 1% Additional tax. Moreover, the policy making function in relation to GST such as drafting of laws in relation to these taxes will be the purview of CBEC. It was pointed out that CBEC would have to be proactive for taking steps in relation to capacity building and infrastructure development in order to meet the growing needs of GST regime. It was enunciated that there is a strong requirement for redefining administrative structure for addressing the challenges of GST.
It was informed that GST CBEC system will act as platform for the performance of various statutory functions including backend processes of three front end functions being performed by GSTN namely Registration, Returns and Payment. Incomplete business processes which are yet to be finalized by the Government for GST as well as time constraint are the crucial challenges that Systems is facing while developing the GST- CBEC system.
Let us pray that they don't carry the compulsive litigation legacy into GST.