It was our pleasure that on 6th July Mr. Najib Shah retired Chairman Central Board Exercise and Customs, had come to school to have a seminar on GST. He was one of member on the board of the committee of GST. It is the 101st Constitutional Amendment Act 2016 and we were fortunate that just 5 days after 1st July we had him to address the students. GST is set to revolutionise the way we do our taxes. Goods and services tax is a comprehensive,multistage destination based tax that will be levied on every value addition.

He spoke about the various indirect taxes which are replaced by CGST, SGST, UTGST and IGST. The GST Council decisions taken on various rules framed were also discussed. 

Also the Benefits to business namely- Decrease in inflation, Ease of doing business, Decrease in black transaction, More informed customer, Boost to make in India were explained.

It was an interactive session where the students asked  their apprehensions, thoughts. Since Mr. Shah was in the journey of making GST he answered the question with the thought process that went into making the GST.

 An enriching and much needed workshop.