www.gst.gov.in – Enroll Online | GST Bill 2016-17 in Hindi / Eng PDF | GST Meaning, effects, implementations and Rates
The central government of India has proposed to pass another type of indirect taxes on the manufactured, sale and consumed products in 2014. However this value added tax namely Goods and Services Tax Bill could not be passed in the mentioned year due to the rift between state and central regarding the bill. At that point of time Congress party along with the several state governments had denied accepting the GST bill as they have shown a lot of loopholes in the bill. In August 2016, finally after couple of years the states, even the Congress party had given a nod to the bill and it gets passed.
What is GST Bill | GST Meaning
Goods and Services Tax Bill is, as mentioned, a type of indirect tax levied on the manufacturing, sales and consumption of any goods and services across India. In India, several state taxes are levied in these three mentioned processes. After GST, there will be only one time tax that will be levied on the goods and services consumed within the boundary of the nation. Central government calls it ‘One nation one tax’ as after passing of the bill suppliers will have to bear onetime indirect tax for their business.
Why it is needed?
Goods and Services Tax is needed for the reforms of the Indirect tax system in India. As mentioned in the previous paragraph that India does have several taxes in different stages of production and consumption. But under GST there will be one rate of tax that will be borne by the consumer. Considering the consumer’s point of view they will have to pay a much lower rate of taxes than earlier times when it was 25-30%.
On the other if the supplier is purchasing the goods and services for general commercial purpose then he / she can claim the tax credit as well. This tax will be an integration of the central as well as state taxes and will become one single tax for one nation.
All about GST government web portal for easy online enrollment (www.gst.gov.in)
To ease the process of payment of Goods and Service Tax (GST), government has launched an official web portal. The website is addressed as www.gst.gov.in and presently is fully functional and Live for anyone who is looking forward to pay goods and service related tax. The website offers with convenience where anyone can enroll online and make the payment of the tax amount.
The official web portal was built and launched by GSTN for implementing smooth transition of goods and service tax regime in the country. The company has officially launched the web portal www.gst.gov.in on November 8th 2016. This was done one the same day when Rs 500 and Rs 1000 currency notes were demonetized by the Prime Minister Mr. Narendra Modi.
Steps taken by the government after the launch of the official Website
- Right after the launch of the website it is certain that government has already begun with the process of transition of nearly 20 lakh Tax payers (service tax), 65 lakh value added tax payers and around 3 to 4 lakh tax payers for central excise tax and diverting them toward the official GST regime.
- The government is also planning to set up four different Data centers in different places in Bangalore and Delhi. The main aim of setting up these Data centers is to manage massive amount of data and at the same time to ensure the safety of the data.
- Apart from this, the government also aims that the data centers shall provide all possible support for GST regimes IT infrastructure. This is done with an aim to maintain the security of massive data these centers will be handling.
Benefits of online GST web portal
As there are a number of people who have to pay goods and service tax for different services or goods purchase and sales, so it is certain that there are many people who are going to benefit from this website.
- The online GST web portal can be considered as single window solution for anyone who has to pay service and goods tax. The process of payment is expected to be much more simplified for tax payers as they don’t have to face any hurdles in their way.
- The web portal also offers tax payers with multiple protocols such that they can make the selection of making the payments by selecting multiple payment options. The portal offers with convenience of selecting different payment options using credit or debit cards. Tax payers can also select RTGS/NEFT protocols through the web portal.
- Another benefit of the web portal is that tax payers can make the payment of other taxes through the portal as per their convenience. So you can select making payments of VAT, service tax, all possible indirect and direct government taxes and excise duty using the same portal.
- The website also offers with convenience where merchants, businessman and traders can use the same web portal for paying their tax amounts. Apart from this the government has also stated that the portal will ease the process of registering as tax payers for any individual or business firms. Tax payers can also use the same web portal for filing their IT returns or even for claiming their tax refund in their bank account.
Sources have also stated that the software that is fuelling the web portal is functional with nearly 60 percent features. The developers are adding other important features to the software to ensure that it offers with best services. The website is presently testing the process of tax payment for centre and other states in the country.
The website is also expected to be performing 100 percent by 2017 April when government shall implement GST formally in the country. The process of transition for tax payers has already started by the government.
Why State Government opposed it?
The state government had opposed the bill at the first place by raising few points against rules and policies regarding the bills. According to the states, the bill does not say anything about the entry tax and the petro tax. The State Empowered Committee Chairman had stated that the bill is not clearly depicting about the fact that if the state undergoes loss of revenue due to levying the GST for the next five years then how the Central will compensate the loss. Even it was not clear that whether they will compensate the revenue loss or not. These factors were the most prominent points that were raised by both the congress and other state governments against the GST Bill.
What is the 3 major demand of Congress, due to this it is not supporting GST Bill?
Congress had made their points clear when party president Rahul Gandhi spoke about the major demands they had on the bill. He claimed that there were 3 things that they needed to be abolished from the GST Bill. They are:
- Upper cap on the GST rate: Congress wanted the central government to put a cap on the GST at 18%. However it wasn’t set as Finance Minister of India said putting a cap of 18% would be troublesome under the amendment as each time GST council has to keep on changing the amendment to change the rate.
- Abolishment of the 1% additional tax: there was a provision of 1% additional tax imposed on the consumption of the goods and services. The party wanted the central to remove it completely to bring down the tax burden.
- Independent dispute resolution: further the party demanded that the bill must be settled on the independent dispute resolution mechanism which was missing in the original bill proposed by the UPA government.
Government point of view towards GST
As far as the central government is concerned, they have stated that the tax will amalgamate all the other taxes like purchase tax, entertainment tax, VAT or sales tax, entry tax, excise duty, luxury tax and such and become one tax namely Goods and Services Tax.
On the other the state government has taken the GST on a positive way when some of the factors are revised in the bill. The abolishment of 1% additional tax, compensation of the revenue loss for the next years, dispute resolution system for PAN India and accommodated rate of the tax that will bring down the tax burden for common man.
Benefits or Positive changes once GST is implemented
Once GST will be passed the biggest positive change will be price decrease for several goods and services. Two wheelers and four wheelers price, movie tickets price and finally the domestic product and services price are expected to go down after the bill. For the small cars industry the tax rate will be 18-20% instead of 30.4% so the price will is expected to go down by 10%.
Negative changes once GST is implemented
As far as the negative changes are concerned, the price of few things are expected to increase, a few of them are
|1||air tickets for economy|
|2||air tickets non-economy|
|7||mobile phone calls|
Currently the tax levied on economy class tickets in flights is 6% and 9% for non-economy class will be taxed at 18-20% after GST. Also in the financial sector, the investments, insurance premium and such will be expensive than earlier time.
GST Bill passed date
On Wednesday fist week of August 2016 the GST bill has passed in Rajya Sabha. Though it was passed by the Lok Sabha in 2015, but it was hooked in Rajya Sabha for several points.
GST Bill Latest News
There are some areas where these changes have made after GST imposition. All these figures are average and subjected to be changed.
|Sectors||Changes after GST||Impact|
|Banks||Service tax: 18% to 15%||Negative|
|Consumer staples||22% to 18%||Positive|
|Consumer discretionary||15% to 18%||Negative|
|Media||22% to 18%||Positive|
|Telecom||15% to 18%||Negative|
|Auto mobiles||27% to 18%||Positive|
|Cement||27% to 18%||Positive|
|Metals||18% to 18%||No major impact|
|Real estate||15% to 16%||Negligible impact|
|Pharmaceutical||15% to 18%||Negative|
GST Bill 2016-17 in Hindi
काफी दिनों की कोशिश के बाद सरकार ने GST Bill का अप्रूवल करवा ही लिया. यह एक महत्वपूर्ण बिल हैं जिसे मोदी सरकार ने पास करवाया जिसे केंद्र ने 2015 में ही हरी झंडी दे दी थी लेकिन राज्य सरकारों ने इसे रोक रखा था जिस पर अगस्त 2016 को महत्वपूर्ण निर्णय लिया गया और इसे देश में लागू कर दिया गया .
क्या हैं जी.एस.टी. बिल ?
यह एक गुड्स एंड सर्विस टैक्स बिल हैं जो कि एक प्रकार का अप्रत्यक्ष कर हैं जिसे विभिन्न सेवाओं के लिए लगाया जाता हैं. अब तक यह टैक्स कई अलग- अलग रूपों में वसूल किया जाता था लेकिन जी.एस.टी. बिल के आने के बाद, यह टैक्स केवल एक ही रूप में लिया जायेगा जिसे सरकार ने “वन नेशन वन टैक्स” के नाम से उल्लेखित किया हैं .अर्थात इस बिल के लागु होने के बाद व्यापारी को एक ही बार अप्रत्यक्ष कर का भुगतान करना होगा .
अब तक क्यूँ नहीं लागु हो सका जी.एस.टी. बिल ?
गत वर्ष ही सरकार ने यह जी.एस.टी. बिल केंद्र से पास करवा लिया था लेकिन कांग्रेस एवं राज्य सरकारों को इस बिल में बहुत सी आपत्ति थी .उसी के निराकरण में यह बिल अब तक पास नही हो सका था .
विशेष आपत्ति :
- इस बिल के लागू होने पर शुरवाती दिनों में राज्यों को आय में काफी नुकसान का सामना करना पड़ेगा. अतः राज्य स्पष्टतौर पर जानना चाहते थे कि क्या उस समय इस नुकसान की भरपाई केंद्र करेगा ? या केंद्र इस स्थिती में क्या फैसला लेगा ?
- राज्य सरकार के अनुसार उस बिल में पेट्रो टैक्स एवम एंट्री टैक्स के बारे में खुल कर कुछ भी नहीं कहा गया था .
- कांग्रेस सरकार का कहना था कि जो 1 % एडिशनल टैक्स लगाया जा रहा हैं उसे भी हटाया जाये ताकि टैक्स भार कम किया जा सके .
ऐसी ही मुद्दों पर बहस के बाद जी.एस.टी. बिल संशोधित रूप में केंद्र एवम राज्य दोनों से पास कर दिया गया हैं .
लाभ एवम नुकसान :
जी.एस.टी. बिल के आने से लाभ एवम हानि दोनों की ही स्थिती उत्पन्न होगी . एक कर लगने से मिलने वाली कई सुविधायें सस्ती होंगी और कई महंगी . शुरुवाती दिनों में राज्यों को काफी नुकसान होगा लेकिन इसका सबसे बड़ा फायदा यह हैं कि होने वाली कालाबाजारी कई हद तक कम हो सकेगी जो कि सबसे बड़ी समस्या हैं .
- GST council aproves 15% cess for luxury car apart from 28% GST tax
- 4 Supplicament GST Bills passed.