About 75% of targeted 60,000 officers trained for GST: NACEN
Uncertainty over the rollout date of GST notwithstanding, the NACEN has already trained about three-fourth of the targeted 60,000 field officials who would be instrumental in implementing the new indirect tax regime.
The National Academy of Customs, Excise and Narcotics (NACEN) has been tasked with the mammoth training target of 60,000 officials of both the Centre and states.
As per the latest data (up to December 17) of NACEN, 44,259 field officers have been trained.
The government intends to roll out the Goods and Services Tax (GST) regime from April, but there are apprehensions that the date would be missed because the all powerful GST Council is yet to iron out several vexed issues, including jurisdiction of Centre and state governments over tax payers.
ALSO READ: GST Council finalises compensation rules; next meet on Jan 3
The Council, headed by Union Finance Minister Arun Jaitley and comprising state finance minister, has so far met seven times after Parliament amended the Constitution for implementation of GST.
The next meeting is scheduled for January 3 and 4 to decide on the contentious issue of dual control over assessees and the legislation on Integrated GST (IGST).
NACEN data further stated that 2,060 'trainers' have been trained against the target of 1,600. Similarly 310 'master trainers' have been skilled, thus surpassing the target of 300.
As many as 36 officers from the Comptroller and Auditor General (CAG) to have been imparted the necessary training.
Central Board of Excise and Customs (CBEC) officials have already been deputed to the GST Network, the IT backbone of the new indirect tax regime.
ALSO READ: GST Council makes headway on bills, stuck on taxpayer control
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
11:36 AM IST