New delhi: The Goods and Services Tax (GST) was supposed to ease doing business in India – a point that Prime Minister Narendra Modi is believed to have insisted during his meeting with Finance Minister Arun Jaitley and BJP president Amit Shah yesterday.
Discussing the issues related to GST implementation ahead of GST Council meeting (underway at Vigyan Bhawan in New Delhi today), PM Modi asked Jaitely to ensure that GST rules were amended such as to make doing business easier in India.
It is expected that the GST Council today may approve some measures to make the compliance of GST rules easy and also give some relaxations to traders, small and medium enterprises, and entrepreneurs.
The GST Council has already tweaked GST rules several times over about 100 days of the new tax regime. Though, the frequent tweaks have signaled to existing confusion with regard to GST implementation but the government has explained it as teething troubles.