CAG says GST has failed to live up to its full potential
New Delhi: It has been two years since the government’s much-touted indirect tax regime--the Goods and Services Tax —was rolled out, but the technology-driven tax code has failed to curb evasion as was envisaged, said the Comptroller and Auditor General of India (CAG). CAG pointed out that matching invoice of buyers and sellers, an anti-evasion measure envisaged in the indirect tax reg…