24th Sep, 2016: A talk on Goods and Service Tax (GST) was organized by the Department of Commerce
A talk on Goods and Service Tax (GST) was organized by the Department of Commerce, PGGCG-11 Chandigarh. The resource person on this occasion was CMA, Mr. Preet Mohinder Singh (President, Chandigarh-Panchkula Chapter of the Institute of Cost Accountants of India).
He apprised the students and staff regarding the implications of Goods and Service Tax (GST) bill that has been recently passed by the Govt. of India.
He educated the students on various concepts of taxation system, GDP, GNP, the existing chain of taxation and the expected impact of GST on the industry, customers and economy of India. He compared the present system of taxation with the proposed GST that would bring uniformity in taxation throughout the country.
Students actively participated in the discussion and got the answers to the various queries regarding GST.
The college has signed a MoU with the Chandigarh-Panchkula Chapter of ICAI in 2015 to ensure interaction of the college students with the industry.