GST | Rising cost of compliance
This article hilighlights the pain point that a taxpayer has to face in GST compliance.
Tag: gst complexities
‘This is silly…’: Mohandas Pai says GST complexity will hold Indians hostage to ‘rent-seeking officials’
India’s Goods and Services Tax (GST) system has come under sharp criticism, with former Infosys CFO Mohandas Pai taking aim at its ambiguities. “This is silly and complex. It will lead to tax terrorism,” Pai wrote on X, adding that it is making citizens “hostages to rent-seeking officials” and creating endless disputes.
New government must untangle the GST complexities, says trade body
The bonafide grievances of traders related to the highly-complicated GST system must be addressed by the new government to be formed at the Centre, said Agro Food Chamber of Commerce and Industry.