Govt forms 10 groups to sort out sector-specific issues under GST

Groups have been asked to give suggestions on procedural simplifications, possible rate structure

With the goods and services tax (GST) set to be rolled out from July 1, the government has set up 10 working groups to address the concerns of industry.

The groups cover banking, telecom, exports, information technology, transport, textiles, MSMEs, gems and jewellery and services received and provided by the government. The groups have been asked to give suggestions on procedural simplifications and possible rate structure. The deadline of submitting reports by the groups is April 10.

Some of the issues that would be tackled by the groups include how to handle services provided between establishments of the same entity