Lok Sabha Question No. 1112 (UNSTARRED), answered on 2017-07-21
Subject: Monitoring Committee on Impacts of GST
Ministry: FINANCE
Asked by: SUNIL KUMAR SINGH

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF REVENUE

## LOK SABHA UNSTARRED QUESTION No. 1112 st TO BE ANSWERED ON FRIDAY, THE 21JULY, 2017 ASHADHA 30, 1939 (SAKA)

## MONITORING COMMITTEE ON IMPACTS OF GST

## 1112. SHRI SUNIL KUMAR SINGH

Will the Minister of FINANCE be pleased to state:

- (a) Whether the Government has conducted study to take stock of the situation post Goods and Services Tax (GST) implementation and if s0, the details thereof; any
- (b) Whether the Government is aware of the immediate benefits and term benefits of implementation of GST and if so, the details thereof; long
- (c) Whether the Government has constituted Committee to monitor the impacts of GST and if s0, the details of the said Committee; any
- (d) The number of sittings held by the said Committee and the details of the report submitted; and
- (e) If not, whether the Government proposes to constitute any Committee and if the details thereof? SO,

## MINISTER OF STATE FOR FINANCE

## (SHRI SANTOSH KUMAR GANGWAR)

- (a) The Government vide DoPT OM dated 4th July 2017 and 6th July 2017 [F.NO.36/30/2017-EO(SM I)] has appointed 209 Joint/ Additional Secretary Level Officers to monitor the implementation and effects of GST across the country through District Level Clusters and submit weekly reports. A Nodal Feedback Centre has been setup under the Ministry of Finance to collect, collate and analyze the feedback being received from the district level Nodal Officers. Further, GST Feedback and Action Room (FAR) was constituted by CBEC w.e.f.26 June, 2017 with the purpose of  reviewing the information received from
- Ministries, State governments, field formations and social media, newspapers,

news channels, e-mail, etc: and report it on Real Time basis to the Revenue Secretary, CBEC, GSTN and other  concerned authorities. A team of   officers monitor various media reports for any GST related news/issues and also take further necessary action: FAR has multi-line  telephone numbers which are available in the control room and these numbers have been informed to the Central and The emails received from the Ministries, State Governments and field formations are forwarded to the respective sections for information and feedback purpose:

- (b) The immediate and long term benefits of GST are as under:
- Reduction in the cascading effect of taxation and increased input tax credit utilization
- Transparency and accountability in business transactions
- Rationalization of tax rates
- (c) The Government of India has setup a Central Monitoring Committee headed by the Cabinet Secretary
- Improvement in the ease of doing business
- (d) Three meetings of the Central Monitoring Committee have been held on 2nd July, 11th July ad 18th July: The reports include the details of feedback received from various Ministries and Departments regarding the following issues:
1. Steps taken by department to disseminate knowledge about GST.
2. Stakeholders still not registered.
3. Pasition of Prices of Products pre-GST and post-GST.
- 4\_ Queries received, solved by GST Cell in every department:
5. Department wise FAQs made, disseminated among its stakeholders:
- 7\_ Sector Specific training on GST required by the Ministry:
6. Success stories which could be publicized:
8. Shortages of products, if any:
- (e) Does not arise in view of reply to part (c) above:

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