Government monitoring GST regularly and teething issues: Meghwal

Vastavam web: The government is monitoring implementation of the Goods and Services Tax (GST) regularly and teething issues are being resolved immediately, Minister of State for Finance Arjun Ram Meghwal said today.Some technical issues with regard to tax payment have come to light and GST Network (GSTN) was directed to resolve them, he added.”They are getting feedback from various districts and towns and trying to assess what kind of procedural difficulties businesses are facing. Procedural issues are sorted out by tax authorities as and when they arise,” he said at an event organised by PHD Chamber here.
GST touted by Prime Minister Narendra Modi as ‘Good and Simple Tax’ was rolled out on July 1.The growth slumped to a three-year low of 5.7 per cent during April-June lagging China for the second straight quarter as manufacturing slowed ahead of the GST launch amid demonetisation effect.