Key outcomes of the 3rd National GST Conference held on March 6, 2020

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The 3rd National GST Conference of Commissioners of State Tax and Zonal Chief Commissioners of Central Tax was held on March 6, 2020 at Vigyan Bhavan, New Delhi under the chairmanship of Dr. Ajay Bhushan Pandey, Union Finance Secretary. Smt. Nirmala Sitharaman, Hon’ble Union Finance Minister also joined the Conference and intensively discussed the status of GST Portal to address grievances of taxpayers.

The Conference deliberated various measures for streamlining the GST return filing process, enhancing revenue and focused compliance management as well as to create synergy among Central and State tax administrations.

Infosys presented the status on business statistics, trend of filing return, preparedness of the system vis-à-vis the facilities required to be launched and measures taken to address GST Portal’s capacity and to resolve difficulties being faced by taxpayers. It was stressed that the grievances of taxpayers are utmost priority and onus of its resolving lies on the Infosys. CEO, GSTN also presented system issues and initiatives by GSTN for further strengthening and streamlining GST.

As an outcome of in-depth deliberation, following measures were proposed for further examination:

  1. Immediate steps to curb passing on Input Tax Credit (“ITC”) by new taxpayers
  2. Measures to check export valuation including capping of value for calculating export benefits/incentives
  3. Standard Operating Procedure (“SoP”) for physical spot verification of risky taxpayers
  4. SoP for blocking and unblocking of ITC

Complete Press Release can be accessed: http://www.gstcouncil.gov.in/sites/default/files/Press%20Release%203rd%20National%20GST%20Conference.pdf

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