About 150 countries are having unified
tax system like GST and the transition to the GST regime will help our business
community to compete in the internal trade with other countries which will
ultimately benefit our country to prosper in economy, said Mr. R.Sekar, IRS,
Former Principal Commissioner of Services Tax, Mumbai & a member of the Joint
Working Group on “Constitutional Amendments for GST.
A Seminar cum Awarness Programme on GST
was conducted by Tuticorin Ship Agents’ Association,(TSAA), Tuticorin Customs Brokers’ Association (TCBA), Tuticorin Stevedores Association (TSA), Tuticorin Contaner Freight Stations Association (TCFSA) and Indian Chamber of Commerce and Industries jointly organized this seminar in co-ordination with M/s.Maxwell GST Consultant LLP, Chennai and M/s.Kayal Consultancy, Thoothukudl, on 31.05.2017 at
SRM Hotel, Thoothukudi.
While elaborating on the GST Rules,
Mr.Ananda Padmanaban, IRS, Formerly Chief Commissiner and Member (Settlement
Commission) informed that a high level committee has been formed to sort out
the practical problems during the implementation of GST.
Continuous awareness programs and
seminars and explanation sessions are organizedby Central Excise and Customs
Department, said Mr.Ranjan Kumar Routray, IRS, Principal Commissioner, Central Excise
and Service Tax, Coimbatore.
While addressing on a special lecture on
GST, Mr.R.Sekar, Former Principal Commissioner of Services Tax, Mumbai &
a member of the Joint Working Group on “Constitutional Amendments for
GST , said “Around 150 countries are following unified system like GST. The
transition to the GST regime by traders will benefit them to upgrade their
business skills and compete with other countries especially in the export
trade. China is observing our transition period with keen interest. With the implementation of the single levy of
taxing, the disadvantages of multiple taxation will be eliminated and will
result in smooth functioning of trade and commerce. The major beneficiary on
the GST will be the LOGISTICS sector, particularly those involved in the
Shipping Trade which is having a bright future and ample opportunity to
prosper. Hence they are advised to get their doubts clarified in all spheres of
During question and answer session, Mr.
R.Sekar IRS, Former Principal Commissioner of Services Tax, Mumbai,
Mr.S.Udayakumaran, IRS, Former Commissioner of Income Tax, Mr.Sridhar, ACA, ACS,
Expert on International Finance and Taxation clarified the doubts of various
members of trade bodies.