CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rollout
Bhubaneswar, May 31 -- The Confederation of All India Traders (CAIT) on Sunday called for further simplification of the Goods and Services Tax (GST) regime, arguing that while tax collections have risen sharply since its introduction in 2017, compliance challenges at the ground level continue to burden traders.
Speaking at CAIT's installation ceremony in Bhubaneswar, the traders' body said GST has emerged as a major revenue generator for the government, with monthly collections increasing from around Rs 40,000 crore in the initial years to over Rs 2 lakh crore currently. However, it maintained that administrative practices need to be made more trader-friendly to improve ease of doing business.
CAIT National Chairman Brij Mohan Agrawal s...
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