Tuesday 22 September 2020

The Constitution (One Hundred and First Amendment) Act, 2016 - Goods and Services Tax Compliance Level

The Goods and Services Tax and it's compliance level in India Today,

https://en.wikipedia.org/wiki/One_Hundred_and_First_Amendment_of_the_Constitution_of_India.

The GST Law is also called as "The Constitution (One Hundred and First Amendment) Act, 2016" was ratified on 1 July 2017.   

As I write this blog today (23rd September 2020), the compliance level to GST has not yet reached every nook and corner of the country and not every Service Provider, Shops, company, Government organization and unfortunately including Government Services are not complaint to GST Law.  

As a proof I shall attach two receipts from "https://sarathi.parivahan.gov.in/sarathiservice/stateSelection.do" and a Private Laptop Service Center from Chennai as proof of GST law compliance level in the Country.

The Bills from various organized sector are also yet to be complaint with GST law as it is evident from the Sarathi.parivahan (portal Service of the Government of India, - License Service Provider) .  

That's why it's important for a LAW or it's annexure should indicate the Amendment Date, Passed on Date, Ratified on Date and Expected Compliance Date along with Compliance level (80%).  Hopefully, in the future as Governments pass law they indicate these dates, along with Fully Compliance Date, Stage Wise Compliance date and so on.

Complaince GST bills from Bridgestone, Chennai and asirmaruthi, Madurai 

Non complaince GST law, bills from Synergy IT Solutions and NIC or Parivahan portal of Government of India,  The GST charges are not listed in the bill of material invoice, 


The break up in invoice or bill of material enables the GST to be charged based on the category of Goods purchased and it's associated GST charge percentage as per the GST LAW.  The overall GST percentage on a bill might be wrong where as the categorywise bill of material invoice enables for GST charge levied appropriately.

What do we think or say about this idea or approach to law compliance? 

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