News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
« GST - Goods and Services Tax »
 GST on educational services from current session at GNDU
 GST TRAN-1: Delhi High Court Judgment is Nullified by Finance Act, 2020
 GST council may extend compensation cess levy beyond 5 years
 Government considering to bring natural gas under GST
 Need more stimulus with focus on GST cut, wage support, higher MNREGA spend'
 Tamil Nadu extends dates for GST compliances
 Incomplete claim memos stall GST refunds
 GST on director’s remuneration: Cannons of taxation sacrificed at the altar of revenue collection
 Centre considers market borrowing for GST compensation to states
 Govt may not heed calls to lower GST
 GST & Other Indirect Tax Appeals to be Heard through Whatsapp: Dept issues Guidelines

GST only needs simplificationa
November, 07th 2019

There is a misunderstanding going around that reduced tax collection is because of the defective GST structure. GST is not the cause for the slowdown in tax collection, rather the slowdown is the cause for less tax collection. The truth is that tax collection is never much affected by a complicated tax structure.

Some cases go to tribunal or court if it is complicated but court cases have not started so far for GST. So it is only a glitch that can be fixed by common sense approach and not by so-called experts. Cost accountants, chartered accountants, and consultants are giving statements ...

Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting