First Discussion Paper on Goods and Services Tax in India

The Empowered Committee Of State Finance Ministers

Report dated 10.11.2009

The administration of the Central GST would be with the Centre and for State GST with the  States."

"This would imply that the Centre and the States would have concurrent jurisdiction for the entire value chain and  for all taxpayers on the basis of thresholds for goods and  services prescribed for the States and the Centre."

"The taxpayer would need to submit periodical returns to both the Central GST authority and  to the concerned State GST authorities."

Keeping in mind the need of tax payers convenience, functions such as assessment,  enforcement, scrutiny and audit would be  undertaken by the authority which is collecting  the tax, with information sharing between the  Centre and the States.

click to  see more about the GST

http://www.taxindiaonline.com/RC2/pdfdocs/wnew/gst.pdf