 "Illustration: Binay Sinha")
How to avoid GST-related litigation
The expectation is that tax litigation will reduce significantly under GST. This is because the credit chain is seamless and the tax will ultimately be borne by the final consumer. However, India is implementing a fairly complex GST regime and if businesses are not careful, there can be adverse litigation consequences. Registration is the key to the proposed GST regime. So decisions regarding taking registration and updating the registration with new offices and establishments is key to avoiding unnecessary litigation in GST.
The other area that is likely see high rate of litigation
The expectation is that tax litigation will reduce significantly under GST. This is because the credit chain is seamless and the tax will ultimately be borne by the final consumer. However, India is implementing a fairly complex GST regime and if businesses are not careful, there can be adverse litigation consequences. Registration is the key to the proposed GST regime. So decisions regarding taking registration and updating the registration with new offices and establishments is key to avoiding unnecessary litigation in GST.
The other area that is likely see high rate of litigation
