Simplicity and ease of compliance is what taxpayers primarily demand from a GST system. In the past three years, numerous judicial rulings have created a new set of problems that adversely affect an honest taxpayer’s business. There are instances where rulings oppose the crux and intention of the legislature. This, in our opinion, is far more detrimental.
Source: taxmann.com
Latest Posts in "India"
- High Court Clarifies GST Treatment of Corporate Guarantees Without Consideration
- West Bengal AAR Rejects Hotel ITC Advance Ruling Over Pending GST Proceedings
- IMS vs Purchase Register: GST Reconciliation Guide
- Rajasthan AAAR: Compostable Bags Taxable at 5% Only if Biodegradable
- Tamil Nadu AAR: GST on Foreign Director’s Commission, Export Agents Exempt, C&F Taxable














