White paper on GST released by CAIT to educate traders

New Delhi: Traders' body CAIT today released a white paper on Goods and Services Tax (GST) to disseminate information about the new indirect tax regime.

The 'GST White Paper' consists of all the important aspects of GST and its compliance, the Confederation of All India Traders (CAIT) said in a statement. The white paper assumes significance as large number of traders across the country still remain unaware about the basic fundamentals of GST and the compliance obligations, it said.

CAIT Secretary General Praveen Khandelwal said though GST is going to be implemented in less than a week from today, yet large number of traders are still unaware about not only the basic fundamentals of GST but even the compliance obligations.

CAIT has also launched a 'Digital Rath' to educate small businesses and the trading community on adoption of digital payments.