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Chartered Accountants have been instrumental in ensuring the successful rollout and strengthening of India's GST regime, said Mayank Kumar, principal chief commissioner of Central GST and Customs, Pune Zone. He was speaking at the inauguration of a two-day national GST conference organised by the GST and Indirect Tax Committee of the Institute of Chartered Accountants of India (ICAI) in association with the ICAI Pune branch. The conference, which concludes on Wednesday, brought together tax pro
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FAQ :
Mayank Kumar, principal chief commissioner of Central GST and Customs, Pune Zone, praised Chartered Accountants at the ICAI Pune event.
The ICAI organised a two-day national GST conference in association with its Pune branch.
Chartered Accountants are crucial in ensuring transparency, supporting taxpayers, preventing malpractices in input tax credit claims, and ensuring the smooth administration of the GST.
The GST Council has been actively introducing amendments to simplify procedures, enhance efficiency, and reviews the tax regime monthly to address sectoral issues.
A concern was raised about the growing number of irregularities in input tax credit (ITC) claims.
Regular policy changes and the evolving nature of the GST framework make professional knowledge upgradation essential for CAs.
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