GgoogleIN first seen 7 d ago, last 6 d ago, peak #1
India's CBIC rolls out GST process reforms
Original: cbic
India's Central Board of Indirect Taxes and Customs (CBIC) is in the news over a set of GST reforms, including changes to Section 69 arrests so that handcuffs are used less while enforcement powers remain. Separately, the Finance Ministry has set November 1 as the date to implement simplified post-sale discount rules and to provide 90% provisional refunds under the inverted duty structure, moves welcomed by businesses easing compliance.
Why now: New GST rules and softer arrest provisions from India's tax board take effect soon, affecting businesses and taxpayers.
CBICIndian Finance MinistryGSTGoods and Services Tax IndiaBusinessLine
Evidence
- Handcuffs Come Off, Leverage Stays: India's Section 69 GST Reform · Live Law
- Finance Ministry sets Nov 1 to implement simplified post-sale discount rules, 90% provisional refunds for IDS · BusinessLine
API: https://socialmediatrends-api.osmike.com/v1/trends/3953344