The six-member panel set up by the government last month, he said, has made over 100 recommendations regarding GST.
An advisory group on GST has suggested several changes in the
new indirect tax regime with a view to simplifying procedures and
ensuring automatic refund of taxes, said CAIT General Secretary and
member of the panel Praveen Khandelwal.
The six-member panel set up by the government last month, he said, has made over 100 recommendations regarding GST.
Refund
process should be automated, return process should be simplified and
rationalised, allowing revision in returns, and formation of a National
Advance Ruling Authority, Khandelwal added.
He further said the panel submitted its report to the Revenue Secretary yesterday.
According to him, the panel received more than 700
representations on problems faced by industry over return filing, the
e-way bill, input tax credit and exports.
Khandelwal said it has also
been suggested that the e-way bill should be deferred till 2019 and
efforts may be made to bring some alternate method in place of it.
12 Dec 2017, 07:06 AM