GST provision could be resolved within a year : said Hasmukh Adhia


Revenue Secretary, Hasmukh Adhia, said there was a need to change the Goods and service tax (GST) rates for simplifying the problems of small and medium-sized merchants and more reluctant for the common man. Adhia, who is one of the chief sculptors, said that the GST provision could be resolved within a year.Over the past four months, the GST council has changed rates for more than 100 items. To make GST returns to traders and simplify refund of exporters. Even as the value added tax (VAT) system was introduced in the country in 2005, there was much criticism. For one year the protests lasted just like that, it will take about a year to achieve stability for the GST. The 23rd meeting of the GST Council chaired by Finance Minister Arun Jaitley will be held in Guwahati on November 10.

Leave a Reply