Budget 2019: Taxpayer-friendly GST regime, says Sumit Dutt Majumder

The Budget proposals on indirect taxes have dealt with customs because GST matters are now dealt with by the GST council. However, Finance Minister Nirmala Sitharaman has done well in summing up certain critical decisions of the council on GST. These include introduction of simplified single monthly return, electronic invoice system that will capture the invoice details to be used for invoice matching, and detection of tax evasion.
 
Her proposal to have a legacy dispute resolution-cum-amnesty scheme to take care of Rs 3.75 lakh crore blocked in litigation in pre-GST excise and service tax is laudable. These steps show