Wednesday, September 30, 2015

Indian delegation studying GST of Australia

CHANDIGARH, SEPT 30
With a view to studying the Goods and Services Tax (GST) system of Australia, a delegation of High Powered Committee of State Finance Ministers constituted by Government of India, today called on Premier of New South Wales, Mr. Mike Baird, in Sydney, and conducted discussion about the GST system.
            Keeping in view the rolling out of GST in India, this committee is visiting Sydney and Canberra to study the system.
            Haryana Finance Minister, Capt. Abhimanyu, Punjab Finance Minister, Mr. Parminder Singh Dhindsa, Delhi Deputy Chief Minister, Mr. Manish Sisodia, Finance Ministers of other states, and senior officers of the Excise and Taxation Department are members of the delegation. The delegation also visited Parliament of New South Wales. A number of cabinet colleagues of Premier, Mr. Mike Baird, were also present during the meeting.
            While sharing this information, Capt. Abhimanyu, Haryana Finance Minister said that Australia had implemented the GST system in an effective manner. However, the system had certain deficiencies, which are now being corrected. He said that by learning from Australia, the GST system can be implemented without any deficiency in India.
          Capt. Abhimanyu said that the committee is understanding the GST system of Australia, and was trying to find out the benefits that the country got with this system, so that the states of India could also get similar benefits. After Sydney, the Indian delegation would visit Canberra and would meet officers of government departments so as to get better understanding relating to GST.
            The delegation had reached Australia on September 27. Today, the delegation would leave for Canberra where it would stay for three days before returning to India.

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