GST compliance: Govt plans to go easy on businesses till polls

Live Mint

Tax authorities have put on hold for a few months scrutiny of goods and services tax (GST) compliance by businesses and traders, despite a gaping hole in revenue receipts this fiscal year, and an ambitious 18% growth forecast for 2019-20. The authorities will, however, continue to collect data on transactions from various sources, which will be useful once enforcement measures are scaled up.…

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