https://www.taxtmi.com/article/detailed?id=10071 Enhanced economic activity and administrative reforms have driven near record GST receipts, supported by sectoral demand and digital transaction growth. Compliance measures credited with higher collections include QRMP, nil filing via SMS, return auto-population, GSTN capacity upgrades, blocking of e-way bills and credits, and suspension of serial non-filers. The note recommends structural GST reforms-rate simplification, reconsideration of the compensation cess, expanding the tax base to include petroleum and electricity, and resolving revenue sharing-to sustain revenue gains while easing compliance burdens. en-us Tue, 09 Nov 2021 08:33:02 +0530 Tue, 09 Nov 2021 08:33:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10071 Enhanced economic activity and administrative reforms have driven near record GST receipts, supported by sectoral demand and digital transaction growth. Compliance measures credited with higher collections include QRMP, nil filing via SMS, return auto-population, GSTN capacity upgrades, blocking of e-way bills and credits, and suspension of serial non-filers. The note recommends structural GST reforms-rate simplification, reconsideration of the compensation cess, expanding the tax base to include petroleum and electricity, and resolving revenue sharing-to sustain revenue gains while easing compliance burdens. Articles Goods and Services Tax - GST Tue, 09 Nov 2021 08:33:02 +0530 https://www.taxtmi.com/article/detailed?id=10071