Till now 16 states have ratified the GST Constitutional Amendment Bill after it was passed in August 2016. Next steps include presidential assent and notifying the bill. Government is working to ensure technical readiness for GST implementation on April 1, 2017 by establishing the legal framework, preparing IT infrastructure through GSTN, training over 60,000 officials on GST laws and systems, and addressing challenges like revenue impacts and rate structures.

1. Goods and Service Tax Updates
No matter what the issues are; share it with us, together we will resolve it.
Goods and Service Tax
Topic: The Roadmap To GST
SUMMARY;
Till now 16 states have ratified the GST
Constitutional Amendment Bill (GST
Bill) after it was passed in the Monsoon
Session on 8th august 2016. Next Step,
assent by President of India. So now the
question arises before us “ Whether we
are ready to grab those opportunities or
not and what are the ways to grab those
opportunities”
Prepared by:
Team LVEO
CONTENTS
1) INTRODUCTION
2) LEGAL FRAMEWORK
3) PREPARATION OF IT INFRASTRUCTURE
4) TRAINING ON GST LAWS OF OFFICIALS
AND STAFF
5) MAJOR CHALLENGES
6) PROCESS FOR REGISTRATION UNDER
GST LAW

2. THE ROADMAP TO GST
Page 1 of 4
Respected Member;
As all of us aware that more than 15 states have
been ratified GST Bill in respective assembly,
here we provide current status of GST Bill:
Till now 16 states have ratified the GST
Constitutional Amendment Bill (GST Bill) after it
was passed in the Monsoon Session on 8th august
2016. Next Step, assent by President of India.
Let’s take a stock of which all states have ratified
the GST Bill and where are the remaining states
in terms of ratifying the GST Bill.
1. Assam, 2. Bihar, 3. Jharkhand,4. Himachal
Pradesh,5. Chhattisgarh,6. Gujarat,7. Madhya
Pradesh, 8. Delhi,9. Nagaland,10.
Mahrashtra,11. Haryana,12. Telangana,13.
Mizoram,14. Sikkim 15. Goa, 16. Odisha
So now the question arises before us is Are We
ready to face to GST and Working towards that
direction, since the target GST rollout date is 1st
April 2017.
Here we are proving roadmap to GST and Status of its implementation
by Government and other respective authorities;
1) Establishment of Legal Framework:
On 8th of August 2016, Constitution
Amendment Bill from has been passed
by the parliament and as on 1st
September 2016 it has been ratified by
more than 16 states, so the next step is
Presidential Assent of Constitution
Amendment and notification in official
Gazette. Further cabinet will approve
for formation of GST Council which will
make several recommendations on
Model GST Law, after imparting those
recommendations centre will approve
CGST and IGST laws and All state will
approve SGST Laws in Winter Session
and accordingly notify GST Rules.
“Now the question arises whether our government technically equipped or not to
take care of DATAGIRI Management for All assesse and providing them sufficient
technical support”
So the answer is YES, government is proactively working towards that
and here we provide brief about those;

3. THE ROADMAP TO GST
Page 2 of 4
2) PREPARATION OF IT INFRASTRUCTURE:
GSTN (Goods and Services Tax Network), A
Not-for-profit, non-Government Company
set up by Centre and States to provide
shared IT infrastructure and services to
Central and State Governments, tax payers
and other stakeholders. We hereby include
details of GSTN from MCA21 Website;
Company Master Data- GSTN
CIN U72200DL2013NPL249988
Company / LLP Name GOODS AND SERVICES TAX NETWORK
ROC Code RoC-Delhi
Registration Number 249988
Company Category Company limited by Shares
Company Sub Category Non-govt company
Class of Company Private
Authorised Capital(Rs) 100000000
Paid up Capital(Rs) 100000000
Number of Members(Applicable in case
of company without Share Capital) 0
Date of Incorporation 28/03/2013
Registered Address 4th Floor, East Wing World Mark-1, Aerocity
New Delhi South Delhi DL 110037 IN
Email Id cs.gstn@gmail.com
Whether Listed or not Unlisted
Date of last AGM 24/09/2015
Date of Balance Sheet 31/03/2015
Company Status(for E filing) Active
Directors/Signatory Details
DIN/PAN Name Begin date End date
00067237 PRAKASH KUMAR 14/10/2014 -
00682433 ANAND SINHA 06/06/2016 -
01221452
BADRI NARAIN
SHARMA 09/03/2016 -
01271707
NITIN KASHINATH
JAGE 06/04/2015 -
01312412
RENTALA
CHANDRASHEKHAR 01/05/2014 -
01550468 BHAVESH C ZAVERI 23/04/2013 -
AAGPA8924K
CHIMMAN LAL
AGRAWAL 28/08/2014 -
01856742 NAVIN KUMAR 17/05/2013 -
06531270 SATISH CHANDRA 28/03/2013 -
06573046 RAVI VARANASI 03/05/2013 -
07435253
KRISHAN KUMAR
SHARMA 19/02/2016 -
07459492 MEERA SWARUP 09/03/2016 -

4. THE ROADMAP TO GST
Page 3 of 4
Now we must be eager to know How GSTN is working towards developing IT infrastructure for
Model GST Law,
GSTN divided whole process in two parts;
Frontend Processes: Common modules for registration, returns and payments being developed
by GSTN.
Backend Processes: Modules for backend processes of tax authorities such as processing
registration/returns, assessments, audit, appeals, etc.
Plans Implementation
Period
Development of GST Frontend and Backend for 17 States by
GSTN:
End of December 2016
CBEC’s Backend systems End November 2016
Backend systems of 14 States End November 2016
Backend systems of Pr. CCA, Banks, RBI & State accounting
authorities
End November 2016
Testing and integration of GST Frontend and backend of all
stakeholders
Jan – March 2017
“Well now you must be eager to know that how CBEC and Various state
taxing authorities will manage those changes and whether employees
working under these departments will be able to accept those changes
and also whether they are technically equipped to accept those
changes”
So the answer is affirmative, and different authorities giving their best
to train their officials and staff, here we incorporate those details;
3) Training on GST Laws of Officials and
Staff: More than 60,000 officials of
Centre and State Governments to be
trained on GST laws and IT framework
and here is the implementation
schedule;
Phase Trainees Status
1 Source Trainer’s workshop (25 officers) Completed
2 Master Trainer Sessions (350 officers) Completed
3 Trainer Sessions (1000 officers) Till October 2016
4 Last leg training sessions (60,000 officers) End December 2016
5 Training on GST IT systems: December 2016 – March
2017
6 Outreach and sensitisation for trade and
industry
To be completed by March
2017

5. THE ROADMAP TO GST
Page 4 of 4
4) Major challenges:
a) Calculation of Revenue Base
of Centre and States, along
with compensation
requirements for state,
b) GST Rates structure,
c) List of Exemptions,
deduction, valuation.
5) Process for Registration Under GST Law:
For Existing Dealer New dealers
No fresh registration needed for existing
dealers. Existing VAT/Service tax/Central
Excise dealer data to be migrated to GST
system.
Single application to be filed online for
registration under Goods & Services Tax
(GST), which will be PAN based and within
3 days of application each dealer to be
given unique GSTIN id.
Thanks for reading this article; if you have any suggestion/query
please mail us on info@lveo.in
About Team LVEO
We have come together to form a
new kind of consulting business.
We’ll offer clients a combination of
strategy consulting expertise, and a
proven track record of delivery,
with unrivalled global scale and
experience. Clients will be able to
get practical strategy advice from
people who understand the
opportunities and risks involved in
implementation – and strategic
execution skills from people who
understand the context.
Contact us:
Office Address: 2nd Floor,Ramdiri House Dadiji Lane,Boring Road, Patna-800001
E-Mail: info@lveo.in
Facebook Page: https://www.facebook.com/lveoindia