GST@ 8: Reimagining GST returns — moving from compliance to facilitation

On July 1, 2017, India marked a historic shift in its indirect tax landscape with the launch of the Goods and Services Tax (GST). In tune with its perceived importance, it was freedom of another kind at midnight — appropriately celebrated in the Central Hall of Parliament — from an archaic tax system that duplicated and cascaded taxation between Centre and States adding enormous costs to complianc…