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    <title>ECONOMIC SLOWDOWN, BUSINESSES, REFORMS AND GST</title>
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    <description>Tax policy and the Goods and Services Tax are a central regulatory focus, with calls for a stable, transparent, forward-looking regime that advances ease of doing business, preserves enterprise cash flows, and reduces GST as a working-capital burden. Recommended reforms include a simpler rate structure subject to holistic review, expedited input tax-credit processes, and targeted B2C incentives. Technical clarifications sought include GST treatment of ocean freight on imports, allocation of common services via Input Service Distribution or cross-charges, the need for self-invoicing, liquidated damages treatment, and reconciliation between GSTR 3B and GSTR 1.</description>
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