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Continuous efforts being made to simplify GST system: Finance Secretary

 

Finance Secretary Dr Hasmukh Adhia has said that continuous efforts are being made to simplify the Goods and Services Tax (GST) system in the country.

 

He was speaking at a session on ‘One Year Journey of GST’ organised by Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi recently, informed a release.

 

Dr Adhia added, "We have gained in the process of simplification by introducing GST, but that does not mean there is no scope for betterment of the existing system. A lot more needs to be done."

 

He further reiterated that work is being done to make the GST refund process fully automatic.

 

On simplification of rates and slabs he said, "We understand the need of it but we did our best in the given scenario, keeping in mind the revenue and societal concerns of economically poor class."

 

Source : Exim News Service - NEW DELHI, July 10

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