Is CBEC prepared administratively to tackle GST challenge?

Chennai:

While there may be shift in the nature of taxation with the
introduction of Goods and Service Tax, is the Central Board of Excise
and Customs prepared administratively to handle the challenge, asked
an expert during the Central Excise Day Celebrations.


Speaking during a function to mark the day, Former chairman of the
Central Board of Excise and Customs (CBEC), V Sridhar said that once
the GST comes into being there will be administrative issues as
Central Goods and service tax and State Goods and Service Tax will be
working as a single unit.


This will also result in creating a special purpose vehicle for
created for GST network, said Sridhar. He said that it will still take
12 to 18 months for GST to be implemented once it is being ratified by
50 per cent of states but then administrative as well as human
resources preparations should being right now.


S Ramesh, chief commissioner Chennai Central Excise stressed on the
need for Creation of National Taxpayer Services Directorate. “This
would improve the quality and extent of taxpayer services, encouraging
voluntary tax compliance and detecting tax evasion,” he said.


Debendranath Panda, member (judicial) CESTAT, south regional bench,
Chennai, also spoke on the occasion.