Saturday 24 June 2017

GST Clinics to help traders in smooth transition for new tax regime

The Confederation of All India Traders (CAIT) said it is working with HDFC Bank, Tally Solutions and Mastercard for the endeavour, which will attempt to reach out to six crore traders.

"The first phase of the nationwide awareness campaign will begin on July 1 and will help the trading community transition smoothly from the current tax regime to the Goods and Services Tax," CAIT said in a statement.

The clinics will inform traders about the fundamentals of GST, the designated role of technology for its compliance, requisite information about mandatory compliance obligations, linkage of digital payments with GST and the changes required to make business compatible with its provisions.

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