India Inc Gives GST Thumbs Up, Seeks Reforms
India Inc gives GST thumbs up; seeks faster refunds, smoother audits: Survey
In a positive verdict on the Goods and Services Tax (GST) system, Indian businesses have given it a thumbs up but have also highlighted areas needing improvement. Key issues include faster refunds and smoother audits, which are expected to enhance the effectiveness of the system.
Some key findings: \
* 75% of respondents have a positive view of GST \
* 70% of respondents face GST related issues \
* 61% of respondents experience delays in refunds \
* 97% of respondents want simplified audit processes \
* 93% of respondents want faster refunds \
Read the full survey report at \[E Way Bill News\]\[E-Invoice under GST\]\[E-way Bill Portal Update\]\[Economic Times\]
(Source: \[A2Z Taxcorp\])
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