[INDIAN ECONOMIC NEWS] Good morning, everyone. I’m Byeongyeon Yoo staff of Kamaindia Pvt. Ltd.
Here I have an important Indian economic news to share with you which is as undermentioned.
The Bombay High Court said the goods and services tax (GST) regime wasn't easy to use, questioning the celebratory midnight session of Parliament that was held to mark its launch. It called on those responsible for GST implementation to resolve glitches in the system that have led to frustration on the part of companies trying to file returns.
"The regime is not tax friendly," the court observed during the hearing of a case on February 6. "We hope and trust that those in charge of implementation and administration of this law will at least now wake up and put in place the requisite mechanism."
Kamaindia Pvt. Ltd.
Have a nice day.