The Central Government has approved the new initiative, i.e., GST Account Assistant Scheme in partnership with the Institute of Chartered Accountants of India ( ICAI ), said ICAI chief, CA Naveen N D Gupta.
“Accountancy and Finance services, one among 12 Champion Services Sectors, have been the core of ICAI’s profile and its contribution to the nation. To enhance the availability of trained manpower in every corner of the country and facilitate GST implementation at an affordable cost, Government of India has recently approved the scheme of creating the cadre of GST Account Assistant under the Proposal of Ministry of Corporate Affairs for ‘Accounting and Finance Services. This scheme will be administered by the ICAI-ARF.”
The Ministry of Corporate Affairs (MCA) has launched a GST Account Assistant Scheme with a view to enhance the availability of trained manpower in every nook and corner of the country and facilitate compliance with GST Statute to the small and medium enterprises and small and medium practitioners at an affordable cost.
He earlier said that the MCA had discussed with Accounting Research Foundation (ARF) of ICAI seeking its support in its initiative to create a cadre of GST Account Assistant at the ground level. ARF of ICAI had submitted the proposal in this regard for consideration of the Ministry.