vioft2nntf2t|tblJournal|Abstract_paper|0xf4ff43b52300000086ec050001000800 Government of India has passed GST Bill in 2016. It would be implemented from the second quarter of the financial year 2017-18. GST training must begin for personnel of the revenue department with Union and State Governments. Then only its effective implementation is possible. It is likely that the way they were administering the indirect tax regime would change. Training needs and perspective become important as not only the rate, submission forms but also the information technology system that they were using would also change. Similarly, GST would impact businesses as there would be changes in certain processes. Training must cover: supply chain network, marketing and pricing and accounting. AS GST is likely to impact from partnership firms, individual service providers, small, medium and micro firms and large industries, all of these firm representatives are to be trained. Thus, millions of such professionals need to be trained.
B Anbuthambi1, N Chandrasekaran2
Sri Chandrasekharendra Saraswathi Viswa Mahavidyalaya, India1, Loyola Institute of Business Administration, India2
Economic Growth, Goods and Services Tax, Domestic and International markets, OECD
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| Published By :
ICTACT
Published In :
ICTACT Journal on Management Studies
( Volume: 3 , Issue: 2 , Pages: 511-514 )
Date of Publication :
May 2017
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170
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