https://www.taxtmi.com/article/detailed?id=8050 GST consolidated multiple central, state and local levies into a single destination-based framework, expanded the taxpayer base and increased collections, but revealed operational issues: numerous return forms and filing frequencies, multiple rate slabs, dependence on a compensation cess, incomplete realisation of one-nation-one-tax and technological weaknesses in the GST Network. Reform priorities highlighted include simplifying returns into a single form, rationalising rate slabs, lowering high rates on low-yield items, expanding GST scope and easing procedures for composition dealers, with the GST Council to consider these changes. en-us Wed, 04 Jul 2018 05:58:16 +0530 Wed, 04 Jul 2018 05:58:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8050 GST consolidated multiple central, state and local levies into a single destination-based framework, expanded the taxpayer base and increased collections, but revealed operational issues: numerous return forms and filing frequencies, multiple rate slabs, dependence on a compensation cess, incomplete realisation of one-nation-one-tax and technological weaknesses in the GST Network. Reform priorities highlighted include simplifying returns into a single form, rationalising rate slabs, lowering high rates on low-yield items, expanding GST scope and easing procedures for composition dealers, with the GST Council to consider these changes. Articles Goods and Services Tax - GST Wed, 04 Jul 2018 05:58:16 +0530 https://www.taxtmi.com/article/detailed?id=8050