https://www.taxtmi.com/article/detailed?id=14503 The Indian GST regime is an evolving, technology enabled indirect tax system shaped by rate rationalisations, legislative amendments including provisions linking input tax credit to system records, and administrative reforms. Key technological measures-mandatory e invoicing, GSTR 2B auto population, and electronic movement documents-aim to authenticate transactions and streamline ITC reconciliation. Compliance reliefs (quarterly return schemes, amnesty windows, centralized refunds) and judicial clarifications on supply characterization and ITC eligibility have informed policy adjustments. The GST Council's governance evolution and ongoing reform priorities (digital transactions, slab rationalisation, inclusion of excluded goods) underscore a shift toward real time reconciliation and simplified administration. en-us Tue, 27 May 2025 08:34:25 +0530 Tue, 27 May 2025 08:34:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14503 The Indian GST regime is an evolving, technology enabled indirect tax system shaped by rate rationalisations, legislative amendments including provisions linking input tax credit to system records, and administrative reforms. Key technological measures-mandatory e invoicing, GSTR 2B auto population, and electronic movement documents-aim to authenticate transactions and streamline ITC reconciliation. Compliance reliefs (quarterly return schemes, amnesty windows, centralized refunds) and judicial clarifications on supply characterization and ITC eligibility have informed policy adjustments. The GST Council's governance evolution and ongoing reform priorities (digital transactions, slab rationalisation, inclusion of excluded goods) underscore a shift toward real time reconciliation and simplified administration. Articles Goods and Services Tax - GST Tue, 27 May 2025 08:34:25 +0530 https://www.taxtmi.com/article/detailed?id=14503