https://www.taxtmi.com/article/detailed?id=9538 The GST regime shows revenue recovery driven by imports and domestic transactions and greater e-invoice uptake; compliance relaxations include extensions for annual return and reconciliation filings, optional filing thresholds for smaller taxpayers, OTP-based NIL filings, phased withdrawal of EVC for companies, and SMS filing for NIL composition statements. Administrative measures include central borrowing to address compensation shortfalls and CBIC instructions coordinating defence of adverse court orders, with a call for more professional and independent advance rulings. en-us Fri, 06 Nov 2020 09:01:47 +0530 Fri, 06 Nov 2020 09:01:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9538 The GST regime shows revenue recovery driven by imports and domestic transactions and greater e-invoice uptake; compliance relaxations include extensions for annual return and reconciliation filings, optional filing thresholds for smaller taxpayers, OTP-based NIL filings, phased withdrawal of EVC for companies, and SMS filing for NIL composition statements. Administrative measures include central borrowing to address compensation shortfalls and CBIC instructions coordinating defence of adverse court orders, with a call for more professional and independent advance rulings. Articles Goods and Services Tax - GST Fri, 06 Nov 2020 09:01:47 +0530 https://www.taxtmi.com/article/detailed?id=9538