File: The Challenges Of The Goods And Service Tax Gst Implementation In India
the challenges of the goods and service tax gst implementation in india executive summary a goods and services tax in a federal structure by very nature is complex the gst ...
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...The challenges of goods and service tax gst implementation in india executive summary a services federal structure by very nature is complex system tries to minimize complexity applying common base rate across country however multiple an enforcement framework using onerous reporting requirements for businesses places huge compliance burden on especially smes having negative impact economy government could reduce providing longer transition period them be part full exporters are facing significant shrinkage their working capital under new which restricting ability take orders reducing cash flow cases refunds would require immediate policy interventions economic will last at least few months until can comply with additional cost higher likely render some marginal unviable have real investment jobs over time benefits form positive such removal restrictions free movement collection make up temporary slowdown interim need measures address these issues potential any burdens why was brought s...