The Synthetic & Rayon Textiles Export Promotion Council

Indirect Tax Compliance Management System

Circular No.ES/ 48 /2016-17                                                                   July 20, 2016

To: Members of the Council

Sub: Indirect Tax Compliance Management System

Dear Member,

This is to inform you that in recent years we have seen introduction of several strategic initiatives by the Government to improve business environment and growth to make India an easier place to do business. One such initiative has been introduction of electronic filing of documents/application/returns, payments, digitally signed invoices and maintenance of records in electronic form etc.

Even administration of taxpayers under proposed Goods and Services tax (GST) regime, which is expected to subsume majority of the existing indirect taxes, is planned to be undertaken by a well-designed and well-functioning Information Technology (IT) infrastructure facility. Under GST regime, all indirect tax compliances would be required to be carried out through a common portal managed by the government.

Considering the growing trend towards technology, M/s. TPM Solicitors and Consultants is in the process of developing an IT platform to manage end-to-end indirect tax data and facilitate all requisite indirect tax compliances using technology.

We, therefore, request you to share your inputs/suggestions by participating in a survey by clicking on the below link

https://docs.google.com/forms/d/1v2siVpfTmd5taFJi-Ya6YoRTYbkErNgYyhcxatbHsZc/viewform?edit_requested=true

Your valuable inputs in this regard is solicited at the earliest as this would enable them to develop the platform in a manner as desired by industry and resolve the issues being faced by our members at present.

Members are requested to send their inputs/suggestions to the Council to facilitate submission of your data to M/s. TPM Solicitors and Consultants as per the link given above.

Thanking you,

 

V.ANIL KUMAR
EXECUTIVE DIRECTOR