ICSI Requests for Recognition of Company Secretaries under proposed GST Law at par with Chartered Accountants
The ICSI vide Representation dt. 3rd December, 2015 has requested the Empowered Committee of State Finance Ministers for recognition of Company Secretaries under GST for professional work at par with the Chartered Accountants / other professionals.
ICSI in its Representation letter has expressed its concerns over the reference to the Reports of the Joint Committee on Business Processes for GST on Refund Process, Registration and GST Payment Process, which recognizes / authorises the Chartered Accountants for the certain certifications / role. Further, the ICSI has claimed recognition for its members at par with other professionals under the GST.
ICSI in its representation has requested for recognition under GST for certain certification / role by the Company Secretaries at par with CAs / other Professionals, as follows:
i) Issue of Certificate certifying the fact of non-passing of the GST burden (Report for GST on refund process);
ii) Act as Authorised Representative in the matter of registration under Goods and Service Tax Act (Report on GST Registration);
iii) Act as Authorised Representative acting as an agent for the taxpayer (Report on GST Payment Process).