GST input tax credit: Why tasking the recipient with the responsibility of ensuring supplier compliance may be draconian

Economic Times

Budget showcases the next phase of the tax administration guided by digitisation and integration of central and state-level systems through  IT  bridges and removal of overlapping compliances.  However, as far as  GST  is concerned, the  Finance Minister  has not given any indication on the proposed changes in compliance processes and the preparedness of technolo…

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