Author
The author is National Leader, Indirect Tax, EY
GST is at last a reality and there is still a lot that needs to be done in the next few months both by government and industry before we transition into this new regime with hope that brings the desired efficiency to our transaction tax system
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GST Council think through these critical issues and arrive at a consensus that is pragmatic, ensuring the objective of an efficient tax regime that provides a common market and eases compliance for all stakeholders under GST
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GST’s main objective is to provide an efficient indirect tax regime that removes the significant tax cascading that the current Central and State regimes have
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