Inverted duty, slabs on GST Council radar: Tarun Bajaj, Revenue Secretary

The goods and services tax ( GST ) has significantly lowered the compliance burden on businesses as well as the incidence of taxation on them, revenue secretary  Tarun Bajaj  said, identifying a reduction in the  slabs  and addressing the inverted duty structure as next on the agenda for the levy that has marked four years.  “We still have issues on inverted duty structure…