Tax litigation, the saga continues with GST
"Litigation," said Ambrose Bierce, "is a machine which you go into as a pig and come out of as a sausage." A look at this year’s economic survey will give us a sense of how many pigs are being turned into sausages in India. According to the recent economic survey, close to Rs 9.46 lakh crore is held up in tax litigation. Given the increasing indirect tax woes being faced by industry, the Governmen…