VATupdate

GST Council addresses longstanding GST issues; Seeks to streamline compliances, correct duty inversion

The GST Council announced a plethora of measures pursuant to its 45th meeting at Lucknow, Uttar Pradesh. The Council seems to have heard and addressed the longstanding demands of the taxpayers while also taking steps to plug revenue leakages. Some of the key takeaways from the Council meeting are captured below for your easy reference.

Source: nexdigm.com

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