Amendment in GST return format: Why changes regarding ITC will increase complexity for taxpayers
The implementation of the GST law in India has been prefaced with the narrative of national ambition and that of a global exception. The government has been striving to ease the overall GST framework for India Inc., by amending the reporting methodology to make GST a “Good and Simple Tax” so that only non-compliant assesses are questioned or held liable and the diligent ones are not affe…