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SEMINAR ON GOODS AND SERVICE TAX


Rotaract Club of Rohini College of Engineering
and Technology conducted a seminar on
‘GOODS AND SERVICE TAX’ Inside the Tranquil
and Ebullient Environment. The Seminar was
conducted in The Opulent Hall on 14/07/2017
in order to remove the lack of clarity on
anti- profiteering rule Goods and Service Tax
(GST) from July 1 onwards. The purpose of
this awareness programme is to provide and
update the students about “GST Act”.
Seminar was presided over by Mr. M.
Baskaran, Rtd. Deputy Commissioner, Commercial
Tax Department, Dr.N.Neela Vishnu,
Managing Director, Principal. The Guest Speaker and the Managing Director undoubtedly gave the
presentation under three phases, the Introduction or Overview of GST, advantages of GST, the
emphasis of GST towards economic development. He also said “The introduction of Goods and
Services Tax (GST) would be a very significant step in the field of indirect tax reforms in India. By
amalgamating a large number of Central and State taxes into a single tax, it would mitigate cascading
or double taxation in a major way and pave the way for a common national market.”
He concluded his presentation saying “GST would Transform India from Political Union to
Economic Union”. At the end of the presentation, the students and faculty were invited to freely ask
their doubts and express any practical difficulties faced or envisaged. The doubts expressed and
questions posed were ably answered by the officers present.