Letter to BS: Modi govt must share data on Goods and Services Tax

The government would do well to try and enthuse recipients of such supply, and encourage suppliers to enter the non-compounding system

For reasons best known to itself, the government of India has not thought it fit to release data on GST billed and GST sought credit for on the 20th of each month. The data is available with it, thanks to technology. If GST's aim is to prevent cascading of duty and also bring all commerce into the tax stream, surely the net figure is important to assess receipts. Conceptually, the only goal is to collect and account for tax at that point when the recipient of goods or service is the last link in the chain and so fiddling about