GST

States gear up for goods and services tax

First, such schemes would help shore up state revenues. Tax experts point out that there is a huge pile-up of pending such cases in the states. One to one-and-a-half times of annual tax collections of some of these states are stuck in litigation in various tribunals.”

Amit Kumar Sarkar
Partner, Grant Thornton India LLP

This article apeared in Business Standard on 06th June, 2016