Business Standard

EXIM MATTERS

- T N C RAJAGOPALA­N

Last week, Sushil Modi, a key member of the Goods and Services Tax (GST) Council, said 80 per cent of all issues relating to GST rates had been addressed, with only a few more rate changes before the next financial year begins. He also said the focus shifts now to simplifyin­g the process on filing of returns and removing of legal glitches, for which expert panels have been constitute­d.

Perhaps it is necessary to constitute an expert panel to write a new GST law itself, the way one has been constitute­d to write a new law for direct taxes. The problem today is that the government has put in a complicate­d GST law and is trying to simplify

Newspapers in English

Newspapers from India