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GST to be simple, less burdensome for industry, says Hasmukh Adhia

GST will subsume excise and service tax and other local levies

Press Trust of India  |  Gandhinagar 

Goods and Services Tax will usher in a very simple and less burdensome taxation regime as it will be a single rate indirect tax which can be paid by debit/credit cards, cheque and NEFT, Revenue Secretary Hasmukh Adhia said on Wednesday. He said, GST will make it easier for traders and industry to access Input Tax Credit and also ease compliance burden as the entire country will become a single market. "GST is a very very simple thing to follow, it is going to be very easy for all of you. There will not be any border restriction when you move goods from one state to ...

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First Published: Wed, January 11 2017. 12:03 IST