Revenue Secretary Hasmukh Adhia will review the GST preparedness of North Eastern states this week as the government gears up to roll out the new indirect tax regime from July 1.
As part of his four-day visit to the region, Adhia will reach Guwahati on April 13 where he will meet the state government officials to review IT preparedness for the Goods and Services Tax (GST).
The Revenue Secretary will also meet representatives of trade, industry and business to explain in detail issues surrounding the new indirect tax regime and remove doubts and confusion, if any, concerning GST and related legislations, the Finance Ministry said in a series of tweets.
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The Centre has already passed the Central GST (CGST), Integrated GST (IGST), Union Territory (UT-GST) and compensation to states law in Parliament. Now, states will have to pass the State GST (SGST) bill in their assemblies.
The GST Council, comprising Union Finance Minister Arun Jaitley and state representatives, has decided on a four-tier tax structure -- 5, 12, 18 and 28 per cent. On top of the peak rate, there will be a cess on demerit and sin goods.
The Council will meet on May 18-19 and decide on the fitment of goods and services in these tax slabs.
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