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Differences in Indirect taxes law and Model GST law


Differences between IDT laws and GST

Murthy Sir

Very well written. Please continue to write articles like this, for the benefit of all of us.

I would only want to add that, under the proposed SGST law, we are also going to have the concept of 'Suo Moto Revision' ('SMR') proceedings being initiated by the Commissioners, a concept widely dreaded and misused by the VAT law. Fortunately, this power of revision was removed in the service tax law, some years ago, as you know. In many instances, the Commissioners can actually overcome the decisions of the First Appellate Authorities by launching the SMR proceedings. It seems that the SMR proceedings would be applicable only to the SGST law and not to the CGST law. This by itself could create a lot of problems.

S Sivakumar, Advocate

SUBRAMANI SIVAKUMAR 23/07/2016

 

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