The Goods and Services Tax (GST) was introduced on July 1, 2017 and we are approaching the completion of the first year of the tax. The initiative has raised the confidence of both domestic and international players in the Indian market. The taxpayers’ expectations from GST, the government’s efforts in laying the foundation of the GST law, its implementation by the GST Network (GSTN), the role of the implementing officers, and tax practitioners’ compliance with the law will be topics of debate and stakeholders are bound to have a variety of different opinions.
Remarkably, when we take a comparative look at
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper