- GST was introduced to simplify tax regime in India, with expected amendments in Union Budget 2024
- Recommendations for trade facilitation made by GST Council
- Expectation of amendments in Customs and introduction of new central excise law
- Challenges faced by taxpayers in complying with GST law and Customs discussed
- Registration-related issues under GST law, including additional document requirements and delays in process
- Biometric Aadhaar authentication for registration causing inconvenience for key managerial personnel
- Tax payments by overseas taxpayers leading to delays, need for swift payment methodology
- Delayed population of details related to IGST payments causing issues in Form GSTR-2B
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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