Former Chairman, Central Board of Excise and Customs, Mr. Najib Shah has clarified that road tax that the automobile owners and possessors have been paying to the government will not be subsumed in GST and that it would have to be paid off as usual.
Addressing the Managing Committee Members of PHD Chamber of Commerce and Industry in Delhi, Mr. Shah disclosed that GSTN systems would work with utmost efficiency and hoped that the new network system will not tumble in its intended purposes.
However, to make it completely foolproof, the GSTN would be undertaking trials for effective and efficient tax collections so that their system never fail post GST in terms of tax collections and their accuracy, said Mr. Shah.
He was responding to a query that when such a new taxation system is being placed for services should have at least a few prior trials to ensure accuracy in its functioning.
Mr. Shah in the meanwhile, suggested to the industry that it should hurry up in submitting all its legitimate concerns to GST Council about rules and regulations so that their addressal is found out earlier to the best of the satisfaction of industry.
The meeting was presided over by the President, PHD Chamber, Mr. Gopal Jiwarajka, assisting him in the chair were its Sr. Vice President, Vice President, Immediate former President and Secretary General, Mr. Anil Khaitan, Mr. Rajeev Talwar, Dr. Mahesh Gupta and Mr. Saurabh Sanyal.