Ambiguities continue to plague ‘new, improved’ GST, too

Immediately after Wintrack Inc, an importing company, declared on October 1 that it was shutting down its business due to alleged bribe demands and harassment by the Chennai Customs officials, the Finance Ministry counter-alleged that, among others, the company was guilty of misclassifying items of import. The ministry also said Wintrack accepted the charge when confronted with “documented facts”,…