India · English
Industry welcomes GST Council’s ITC, arrest reforms, expects move to ease compliance burden
Industry and tax experts on Thursday welcomed the GST Council’s recommendations to simplify processes and address long-pending concerns of businesses, including widening input tax credit (ITC) provisions, expanding the definition of exports and easing refund and registration processes. IT industry body Nasscom welcomed the recommendations, particularly those relating to service exports, ITC,…
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