Ironing out the wrinkles in GST

Inconsistencies need sorting out and the process of getting credits speeded up and simplified

Amar Kaul 

Amar Kaul The new GST regime for indirect taxes is being heralded as the biggest tax reform in post-independence India. There is no doubt that political will and consensus will help make India a much easier country to do business in, as goods start flowing easily through the length and breadth of the country. It will also further boost the manufacturing sector in India, giving an impetus to “Make in India”. The new regime will trigger a transformational shift from a complex multi-layered indirect taxation system to a unified indirect taxation system, propagating a positive change ...

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