Commerce colleges plan for GST course
While the country is all set to welcome GST from July 1, commerce colleges in the city have geared up to include the knowledge about the Goods and Services Tax (GST) in their curriculum, although there are no formal directives about the change in syllabus from Savitribai Phule Pune University (SPPU).
PIMPRI: While the country is all set to welcome GST from July 1, commerce colleges in the city have geared up to include the knowledge about the Goods and Services Tax (GST) in their curriculum, although there are no formal directives about the change in syllabus from Savitribai Phule Pune University (SPPU).
Speaking to Sakal Times, Chandrakant Rawal, Principal, Brihan Maharashtra College of Commerce (BMCC) said, “All the universities need to take cognisance of GST as it’s a historical decision, and students need to learn about the changed ways of taxation.
However, it will not happen overnight and the university will be able to design a syllabus only when they understand the implications of GST after its implementation.”
He added, “BMCC has already announced a three-month course in GST, that will begin around mid-July for students as well as entrepreneurs.
Also, once the college gets autonomous status, we will be including the introduction of GST in the first year, until a proper syllabus is designed for the same till next year.”
Saroj Hiremath, Professor, Sir Parshurambhau (SP) College said it’s unfortunate that the university has not given any directives to the colleges about the inclusion of GST in the syllabus for the commerce students.
“SP College is planning to have special lectures on the subject by our in-house Chartered Accountants (CA) as well as guest lecturers.
“In fact, we have already started holding such lectures,” Hiremath added.
A similar opinion was shared by Girija Shankar, Principal, Ness Wadia College of Commerce who is planning to start an add-on course for students to understand GST.
Prafulla Pawar, Dean of Faculties, SPPU said the process for the appointment of a panel of experts to revise the syllabus for the inclusion of GST has already begun.
“The revised syllabus will be available for the next semester, starting from December, as it will take some time to redesign the curriculum according to the new system,” he added.