The goods and services tax (GST) crosses a milestone on Tuesday when it clocks 200 days. But, as insiders and experts argue, the new tax regime is bracing for fresh disruptions as the next steps in the seminal reform are rolled out. The fact that the government will get only 11 months of indirect tax revenue this fiscal adds to the concerns of the exchequer. The supplier and the transporter can upload the details about the shipment and get a unique e-way bill number. Further, any challenges with respect to systems of e-way bill should be addressed to ensure there are no hiccups unlike the initial problems faced while filing tax returns.
Source: Mint January 15, 2018 20:26 UTC