CAIT releases White Paper on GST for quick guidance on GST compliance

ASHISH TIWARI (PHOTO/VIDEO SAURABH SHRIIVASTAVA) TENNEWS

Continuing with its commitment of creating mass awareness towards fast track implementations of Goods and Services Tax , the Confederation of All India Traders unveiled GST White Paper in a conference organised in New Delhi.

Consisting all the important aspects of GST and its compliance, GST White Paper released by CAIT is meant to empower the traders with all the required knowledge pertaining to GST and moreover, it is also intended to make traders and others GST compliances.

Unveiling the GST White Paper, CAIT Secretary General, Praveen Khandewal, said that, though GST is going to be implemented in less than a week from today, yet large number of traders across the nation are still unknown about not only the basic fundamentals of GST but even the compliance obligations.

Through this White Paper, we intend to disseminate vital information on GST to traders and people in general. It is important to understand that GST being a technology based taxation system is much different from VAT, he added.