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Goods and services tax

One year of GST: The successes, failures and what's next on the agenda

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The first year’s journey was one of ups and downs--registrations and revenues went up and multiple compliances for taxpayers went down, with ease in movement of goods eliminating naka barriers. However, in spite of significant success in its first year of implementation, there still seems to be a long way to go for both the government as well as taxpayers in attaining a simplified GST regime.

Suresh Nandlal Rohira
Partner, Grant Thornton India LLP

This article appeared in Economictimes on 29th June, 2018.