The Central Board of Indirect Taxes & Customs (CBIC) has issued the 96 page Booklet on Five Years of GST – GST@5.
Sh Pramod Kumar, DG, DGTS in the foreword to the booklet stated that Anniversary is an occasion for jubiliation and exuberance. Today, when the Nation celebrates the fifth anniversary of the biggest tax reform in the history of our country, I am reminded of the words of Hon’ble Prime Minister Shri Narendra Modi, spoken on the historic occasion of launch of Goods and Services Tax, in the Central Hall of Parliament. “In legal parlance GST may be known as Goods and Services Tax. But the benefits of GST will positively ensure it to be “Good and Simple Tax” for the citizens of India.”
The journey of GST during these last five years has been guided by this vision. The innovative digital
and legal solutions introduced during these years in GST have actually made it a good and simple tax.
This booklet captures the story of the ongoing saga.
The contents of the booklet are as under:
- Background
- Challenges & Solution
- A Unique Model
- The Journey Till July 01, 2017
- GST Council – The Journey Since The Launch Of GST
- GST: The Balance Between Trade Faciliation & Compliance
- Success Story In Numbers
- GST: A Truly Digital Tax
- Outreach And Capacity Building
- The Journey Continues.
The Booklet can be read / downloaded at: https://www.cbic.gov.in/resources//htdocs-cbec/gst/Five%20Years%20Of%20GST%20-%20GST@5.pdf;jsessionid=A881369056CE99A86DE2A17D9F22FD39
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