These sectoral working groups consist of senior officers from the central and state governments.
To interact with sectors such as telecom, banking and export, the GST Council has set up 18 sectoral groups. They will sort out their issues in a time-bound manner for a easy transition to the new tax regime.
Further, these sectoral working groups consist of senior officers from the central and state governments. They will interact and examine representations received from trade and industry associations of their respective sector.
To prepare sector-specific draft guidance, the groups will highlight specific issues for the smooth transition of the respective sector to the Goods and Services Tax (GST) regime.
The other sectors which would be looked into by the group include IT and ITes, textiles, gems and jewellery, food processing, e-commerce, oil and gas, pharma and MSME.
Friday, June 9, 2017