https://www.taxtmi.com/news?id=18288 The Goods and Services Tax is administered via a modern IT platform and GST Network established ahead of rollout; a primary operational feature is that buyers obtain input tax credit only when sellers have actually paid tax, creating incentives for compliance. Implementation is expected to be disruptive initially, requiring rapid problem-solving and continuous review by the GST Council and central and state governments to improve design and administration. en-us Sat, 01 Jul 2017 10:27:46 +0530 Sat, 01 Jul 2017 10:27:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18288 The Goods and Services Tax is administered via a modern IT platform and GST Network established ahead of rollout; a primary operational feature is that buyers obtain input tax credit only when sellers have actually paid tax, creating incentives for compliance. Implementation is expected to be disruptive initially, requiring rapid problem-solving and continuous review by the GST Council and central and state governments to improve design and administration. News - Sat, 01 Jul 2017 10:27:46 +0530 https://www.taxtmi.com/news?id=18288