Last week, Sushil Modi, a key member of the Goods and Services Tax (GST) Council, said 80 per cent of all issues relating to GST rates had been addressed, with only a few more rate changes before the next financial year begins.
He also said the focus shifts now to simplifying the process on filing of returns and removing of legal glitches, for which expert panels have been constituted. Perhaps it is necessary to constitute an expert panel to write a new GST law itself, the way one has been constituted to write a new law for direct taxes. The problem today is that the government ...
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