https://www.taxtmi.com/news?id=18074 Implementation of GST from July 1 will create compliance challenges, and industry urges temporary moderation in enforcement of penal provisions during initial quarters to accommodate a learning period. The GST law establishes multiple penalties, including those tied to short payment and other errors, and stakeholders recommend phased enforcement or targeted relief to smooth transition while preserving the long-term benefits of the new indirect tax structure. en-us Wed, 24 May 2017 16:00:51 +0530 Wed, 24 May 2017 16:00:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18074 Implementation of GST from July 1 will create compliance challenges, and industry urges temporary moderation in enforcement of penal provisions during initial quarters to accommodate a learning period. The GST law establishes multiple penalties, including those tied to short payment and other errors, and stakeholders recommend phased enforcement or targeted relief to smooth transition while preserving the long-term benefits of the new indirect tax structure. News - Wed, 24 May 2017 16:00:51 +0530 https://www.taxtmi.com/news?id=18074