GST'S SELF-POLICING STEPS SHOULD BE RESTORED

摘要

The earlier indirect tax regime has been almost scrapped; most taxpayers have migrated to Goods and Services Tax, companies are charging GST to customers and the revenue department is reporting reasonably good monthly GST collections. But this does not mean the implementation of GST has been smooth.There have been innumerable problems in filing returns. The revenue department was flooded by queries from hassled taxpayers in the first few months; these chaotic conditions made the GST Council roll back some of the critical features of the GST framework.