FM Appreciates CBIC Efforts in Fighting COVID-19 Pandemic
The
fourth anniversary of introduction of GST, the GST Day, 2021, was marked by
Central Board of Indirect Taxes and Customs (CBIC) and all its field offices
across India on 1 July, 2021. The national level programme
was organised by CBIC through virtual mode on the
digital platform which was attended by all field formations. GST with enhanced
revenue collections for last eight months has been instrumental in building an
Aatma Nirbhar Bharat. The year marked enhanced taxpayer facilitation with COVID-19
relief packages being announced to ease the burden of compliance. As part of
the programme 31 officers were awarded with the GST
Day commendation certificate across all zones and to one officer posthumously.
In
a message on GST Day 2021, Union Minister for Finance & Corporate Affairs
Smt. Nirmala Sitharaman said that it is a matter of
great satisfaction that we have overcome most challenges, including two waves
of unprecedented COVID-19 pandemic, in providing stability to this new tax
regime. The Finance Minister was happy to note the buoyant tax collections
which crossed Rs. 1 lakh crore for eight months in a
row with record GST collection of Rs. 1.41 lakh crore
in April, 2021. The enhanced revenue collection in recent months should now be
the “new normal, She added.
Smt.
Sitharaman appreciated CBIC effort in recognising more than 54,000 GST taxpayers for their
contribution to nation building on the eve of four years of implementation of
GST. Taxpayers facilitation during pandemic involved
two COVID-19 relief packages covering late fee waiver, interest rate reduction,
relaxation of timelines and conducting refund drives to enhance liquidity in
the hands of taxpayer. Further, GST rates on vaccines, essential medicines and
products/services used for prevention and treatment of COVID-19 were also
reduced.
The
Finance Minister condoled the loss of 189 personnel and remembered their
contribution to the national effort and noted the effort of CBIC in releasing a
book “Shraddhanjali” to pay homage to these
departed souls. Smt. Sitharaman also congratulated
all awardees of ‘Commendation Certificate’ for their exceptional contribution
in GST administration.
In
his message, Minister of State for Finance & Corporate Affairs Anurag Singh
Thakur expressed gratitude to trade and industry, specially
MSMEs, whose continuous support and feedback has helped the Government in
steadily improving GST laws, procedures and systems over last four years. Shri
Thakur condoled the loss of many precious lives from the GST family to COVID-19
pandemic. Shri Thakur congratulated all officers selected for commendation
certificate for their dedication, hard work and the spirit of serving the
nation.
In
his virtual message played during the programme, Bibek Debroy, Chairman, Prime
Minister Economic Advisory Council, highlighted that GST is a work in progress
which is improving by each passing day. GST has cut down on large number of
indirect taxes, brought down litigations and removed inter-state restrictions.
During the programme, video messages of eminent
personalities from various fields were also played.
Chairman
CBIC M. Ajit Kumar lauded the efforts of CBIC
officers in facilitating taxpayers during the pandemic and use of technology to
ensure minimum physical interaction. He appreciated the taxpayers for coming
back strong post covid and ensuring V-shaped recovery
of economy. CBIC effort in recognising more than
54,000 GST taxpayers for their contribution to nation building is a testimony
to the fact that their support to GST is imminent. CBIC Members highlighted the
automation done over the years in GST processes and exhorted the officers to
enhance the use of technology. Vivek Johri, Member GST appreciated the DGARM reports and MIS
generated which is used by field formations to increase revenue collections.