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If the present uncertainty surrounding India’s gargantuan indirect tax overhaul is an early indicator, the new goods and services tax (GST) framework is set to make extensive appearances in the country’s courtrooms over the months and years ahead. Experts feel the complexity and short timeframe given to adopt the new system will add thousands of lawsuits to India’s already burdened judicial system with over 24 million pending cases.
According to N Meyyappan, leader, indirect tax, Nishith Desai Associates, since there is no precedent for the GST in India, there could be several interpretations of the new framework. “These differences in
