Companies may have to deal with fewer GST accounts http://bit.ly/2BFqnnS - Walletnews For Me

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Monday, December 24, 2018

Companies may have to deal with fewer GST accounts http://bit.ly/2BFqnnS

The move to reduce number of ledgers follows repeated complaints from trade and industry, especially the smaller businesses, which were seeing it as rigid. "It is a very good move as it shows that the government is really working towards simplification of the regime. Procedural changes finalised on Saturday are more useful for businesses than rate changes," said MS Mani, partner at Deloitte India.
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