Published On: Sun, Jul 1st, 2018

Central GST Lucknow office organises awareness run on ‘GST Day’

Lucknow : A special awareness run was organised by the Central Goods and Services Tax (CGST) Office in Lucknow, to mark the first anniversary of ‘Goods and Services Tax’ on Sunday.

Lucknow Central GST Office organises a special run on ‘Goods & Services Tax Day’ to mark the first anniversary of the indirect tax regime.

“We conceptualised this GST awareness run to clear any confusion or doubt regarding GST that the public or the traders might have. It is a run for fitness, awareness, and togetherness,” said Vaibhav Kumar Singh, Assistant Commissioner CGST, Lucknow.

In a major initiative to ease the tax system of the country, the Centre launched the GST on July 1 last year to bring in a regulated tax system in the country.

The GST bill consists of the CGST Act for the Centre, SGST Act for the states, UTGST Act for Union Territories and IGST Act as Integrated GST Act for the inter-state supply of goods or services.

Launched on the midnight on June 30 by Prime Minister Narendra Modi and the then President Pranab Mukherjee, the taxation scheme aimed at bringing all taxes into a single window along the lines of the ‘One Nation – One Tax – One Market’ goal.

The introduction of the GST has caused an increase in taxpayer base, and also brought in a seamless method for filing taxes, with the help of technology.

However, the tax structure has been criticised time and again by the Opposition for its negative impact on small traders and Small and Medium Enterprises (SMEs).

ANI

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