9th International Science Congress (ISC-2019).  International E-publication: Publish Projects, Dissertation, Theses, Books, Souvenir, Conference Proceeding with ISBN.  International E-Bulletin: Information/News regarding: Academics and Research

Dispute Resolution Mechanism under VAT and GST in India

Author Affiliations

  • 1Institute for Excellence in Higher Education, Bhopal M.P. India
  • 2Institute for Excellence in Higher Education, Bhopal M.P. India

Int. Res. J. Social Sci., Volume 5, Issue (8), Pages 42-46, August,14 (2016)

Abstract

An effective public finance system of a country needs a sound taxation system which is a major and vital source of revenue which is possible with active participation of citizens. Well drafted tax laws in most understandable manner can help in tax compliance and absence of which blocks tax revenue needed by the economy. Tax disputes are unavoidable though brought to the minimum. The paper presents a review of disputes and available dispute resolution mechanism with reference to VAT in India and the proposals for forthcoming indirect tax reform GST. It also discusses the challenges of dispute that GST regime may face due to its design.

References

  1. Rao Govinda (2000)., Fiscal Decentralization in Indian Federation., available at www.imf.org
  2. GOI Ministry of Finance department of Revenue (2006)., Report on International Best Practices in VAT Administration., CTMMP, Accessed in March 2016, Available: http://nisg.org/files/documents/A05030004. pdf
  3. FICCI (2014)., Towards the GST- An Approach Paper. Accessed in January 2016., available at http://ficci.in/ spdocument/20238/Towards-the-GST-Approach-Paper-Apri-2013.pdf.
  4. Motalani Mahajan (2015)., Commodity Ready Reckoner- VAT in M.P., Sales Tax Judgement Publications.
  5. Parliament of India Rajya Sabha (2015)., Report of the Select committee On the Constitution Twenty-Second Amendment Bill., http://www.prsindia.org accessed in March 2016.
  6. GOI ECís (2009)., First discussion paper on GST., Ministry of Finance Department of Revenue.
  7. Poddar Satya and Ahmed E. (2009)., GST Reforms And Intergovernmental Considerations In India., Department Of Economic Affairs Ministry Of Finance, Working Paper No.1/2009-Dea, Available at www. finmin.nic.in/.../gst% 20reforms%20and%20intergovernmental.