Published On : Fri, May 12th, 2017

Role of CAs in GST implementation will be vital: Sivamathan

“Goods & Service Tax (GST) which is proposed to be implemented very soon will be a game changer for the nation’s economy. The efforts Chartered Accountants are taking for preparing themselves as well as their clients are worth appreciating. The law will be successful when the common public will adopt it for which various awareness camps and workshops will be required where the Chartered Accountants have to play a major role,” said S Sivamathan, Director (Finance) of Maharashtra Metro Rail Corporation Limited.

Sivamathan expressed his happiness over the various initiatives been taken by the Nagpur Branch of ICAI for the benefit of the members and students. He appreciated Institute’s social contribution by taking various programmes for GST awareness along with various trade associations for common public. He expressed confidence that though implementation of this new law will be a big challenge but with due efforts it will be implemented in a smooth way and will give a boost to the economy. Efforts should be taken to equip the industry about GST and to train their staff members as well.

Earlier, Chairman of Nagpur Branch, CA Sandeep Jotwani in his welcome address said that as the government is working hard for the timely enactment of the new law and to follow the deadline, it is important for all the professionals to take the efforts in the same speed. Various programs are being organized by Nagpur Branch to equip the members along with the common public. Though GST is a big opportunity for the Chartered Accountants but we should accept it as a challenge so that the law can be implemented in timely manner.

In the intensive course, CA Ritesh Mehta, CA Shailendra Jain, CA Satish Sarda, CA Milind Patel, CA Hemant Rajandekar, CA Varun Vijayvargi and CA Preetam Batra will be addressing on various issues of Goods & Service Tax for 7 days.

Prominently present on the occasion were Managing Committee Members of Nagpur Branch, CA Umang Agrawal (Vice Chairman), CA Suren Duragkar (Secretary), CA Kirit Kalyani (Treasurer), CA. Saket Bagdia, CA. Sanjay Agrawal, CA. Ritesh Mehta, CA. Satish Sarda, CA. Hemant Rajandekar, CA. Kavita Loya and members in large numbers.