'Sinking hole of regulations': Mitra calls for simplification of GST system

Mitra underscored his point with the number of times notifications and amendments in laws had been made

Illustration: Ajay Mohanty
Premium

Illustration: Ajay Mohanty

Ishita Ayan Dutt Kolkata
Describing the GST system and its complexities as a ‘sinking hole of regulations’, Amit Mitra, principal chief advisor to West Bengal Chief Minister, called for its simplification.
 
Mitra underscored his point with the number of times notifications and amendments in laws had been made. Truth has to be told and it is in the data, he said.
 
The number of notifications issued to date, Mitra said, was 741. Of this, central tax notifications stood at 395 and central tax rate notifications at 148. And the total number of prescribed forms in GST stood at 178. “Is this ease

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 20 2023 | 11:45 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com