Understand lawmakers’ rationale behind GST Act: Aurangabadkar
   Date :02-Jul-2019

 (Left) Assistant Solicitor General of India, Bombay High Court U M Aurangabadkar lighting the traditional lamp at the function along with Chief Commissioner H R Bheemashankar. (Right) A view of the rally conducted by the CGST Department on Monday. (Pics By Satish Raut)
 
 
Business Bureau:
 
Assistant Solicitor General of India, Bombay High Court (Nagpur Bench) U M Aurangabadkar on Monday said that the country had come a long way in implementation of new tax regime. “It was one of biggest tax reforms the country had ever seen as it had subsumed as many as 17 State and Central taxes within it. Initially, there were apprehensions among certain sections of the society. But over a period of time GST turned out to be a success and today the system is running smoothly,” he said while speaking at the function held GST Bhawan at Civil Lines.
 
As the country celebrated successful completion of two years of roll out of “One Nation - One Tax” regime, the Goods and services Tax (GST) and Central Excise (CE) Nagpur Zone on Monday conducted couple of events to mark the momentous occasion. The officers and staff members attached to the department took out a bike rally which passed through various main located in the city in the afternoon hours. Besides, a function was also held GST Bhawan wherein Aurangabadkar was chief guest. Chief Commissioner H R Bheemashankar, Commissioner Nagpur I Sanjay Rathi, other senior officers of the department, representatives of trade and industry, office-bearers of various bodies, professionals and others were also present on the occasion. Addressing the gathering Aurangabadkar further said that whenever any new system comes in, some people show reluctance.
 
“There is sense of fear among the people. Similar things happened when the GST system was rolled out in July 2017. There were protests, demonstrations and so on in various parts of India which gradually vanished in following days,” he said. Aurangabadkar said traders, industrialists and executives played a vital role in the success of GST. However, he said that while the country is celebrating completion of two years of GST roll out, it is also a time to introspect whether the new system is benefiting the end user - the common consumers.
 
“The GST system is aimed at benefiting all the stake holders and we must see if there are any loopholes in the system. We should also understand the lawmakers’ rationale behind enacting the GST Act,” he said. While presiding over the function, Bheemashankar remembered the hard work of the department put in to make the new tax regime a successful system. “Lot of training programmes, awareness drives and seminars were held. Apart from this, the department upgraded its system for effective and smooth roll out of GST,” he said.
 
The CGST Nagpur Zone comprises four GST Commissionarates including Nagpur-I, Nagpur-II, Aurangabad and Nasik. As compared to last year, 1,40,000 new tax payers have been registered in Nagpur Zone due to which the revenue collection has gone up by 26 per cent, Bheemashankar highlighted. At the function, the department honoured some of its officers and staff members for their valuable contribution in implementation of GST. Similarly, it also felicitated representatives of trade and industry. Commissioner Nagpur I - Sanjay Rathi gave the introductory remarks. Pinkey Baskey conducted the proceedings of the event and Additional Commissioner D P S Kushwah proposed the vote of thanks.