FISME seeks GST overhaul to ease MSME compliance

FISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour for input tax credit and faster GST refunds. The organization also advocates for centralized compliance and simplified procedures for businesses. These changes aim to reduce costs and improve certainty for honest taxpayers. Modernizing GST administration will enhance efficiency and transparency for all.

Raccontata daeconomictimes.indiatimes.com