bus
307 Points
Joined December 2007
The simplicity and ease of compliance has been vitiated and taken away by this system...why just not one GST, why I/S/UT GSTs? Just to give rise to disputes and litigations? Or just to ensure that 'Ezz of doing "bizzness"
remains a 'jumla'
GST is purely a technologically managed taxation. But the present taxation is not a one nation one tax scenerio as claimed. When source and destination states' names and codes are clearly mentioned in every transaction, why can't the computers of GSTN calculate, and for that matter, automatically divide/allocate the collected tax amongst the stakeholders, ie., the States & the Centre. Why this burdern and complexities of law has been saddled on an assessee to appropriate GST into IGST/CGST/SGST under Centre-state acts? The formula for tax division/compensation has been agreed to and adopted by the Council. Why can't GSTN computers do the simple mathematics on the collected revenue of one Tax (GST...and not IGST/CGST/SGST!) on the basis of state codes mentioned every where- in invoices, returns etc.? Hope political parties take cognizance of this in the interest of people, (or at least the voter compels them to take notice of this
). Pls do share your views.
Had the GST introduced been a single rate single GST, situation would have been altogether different and there would be ease of doing business as well as ease of compliance.