SEMINAR

Monday – August 22, 2016

Press Release

A seminar on Goods and Services Tax was organized today by Synetic Business School to provide knowledge and working of GST. Assistant Professor Pankaj Bedi gave this seminar. He said that India currently has many indirect taxes both at the state government level as well as the union government level. The GST will subsume many of these taxes and convert the country into one unified common market. He explained how the GST can give benefit to business, Industry, Government and consumer. He also spoke on some salient features of GST like Levy of Integrated Goods and Services Tax on inter-State transactions of goods and services, GST to be levied on all goods and services, except alcoholic liquor for human consumption etc.

Students of BBA and B.Com also participated in the seminar. Students raised queries on various issues faced by Businessmen in the state, mainly due to complicated taxation rules. Assistant Professor Pankaj Bedi pointed out that the GST offered a solution to most of the problems faced by businessmen with regard to taxation.