Technical Session

GST 2.0 - The Next Frontiers

While GST has done well so far to provide a strong foundation for indirect tax reform there is a need to elevate it to next level where it can further promote ease of doing business, augment economic productivity and plug revenue leakages!

Discussion Topics

Imperatives of Design change
Stabilising and simplifying the business processes
Loosening the Revenue’s grip over ITC
Strengthening audit and assessment
Increasing synergy with accounting systems and financial transaction platforms
Roadmap for inclusion of excluded sectors
Agreement with ECOM platforms for withholding GST
Exploring merger of Central and State GST tax administration
Minimising litigation under GST regime
Aligning Indian GST principles with internationally time-tested best business practices