News
GST enforcement: Tax authorities get industry to comply with ‘soft’ approach
- Date:
- May 30, 2018
- Source:
- Financial Express
Taxpayers’ fear of the enforcement mechanisms under the goods and services tax (GST) seem to be exaggerated. In what showed the tax administration’s pragmatic and non-intrusive approach, the once-dreaded anti-profiteering mechanism hasn’t produced orders with a drastic adverse effect on businesses so far; in fact, the first two National Anti-profiteering Authority (NAA) orders have freed the busin…