Next on agenda: Easier filing, bringing in petroleum items under GST

The first year of GST ushered in a series of changes in response to the initial “teething” problems–four rounds of rate cuts/rationalisation, suspension of GSTR-2 and GSTR-3 returns, tweaking rules for providing incentives for small firms and deferment of reverse charge mechanism. The indirect tax regime in its second year is expected to usher in inclusion of items still outside its ambit, mainly…