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Added on : 2017-12-02 09:35:50

A panel of industry representatives is set to recommend a fresh set of changes in the goods and services tax to make life easier for businesses.
The six-member committee was set up by the government to provide inputs to the GST law review committee, comprising officers, to overhaul the legislation and remove irritants in the new regime that kicked in from July. The government has already undertaken massive changes, including pruning the list of items in the highest bracket of 28% to 50 from over 200 products earlier.
 

A panel of industry representatives is set to recommend a fresh set of changes in the goods and services tax to make life easier for businesses.
The six-member committee was set up by the government to provide inputs to the GST law review committee, comprising officers, to overhaul the legislation and remove irritants in the new regime that kicked in from July. The government has already undertaken massive changes, including pruning the list of items in the highest bracket of 28% to 50 from over 200 products earlier.
 

Editor & Publisher : Dr Dhimant Purohit

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