What the CBIC instruction to Central GST officials for maintaining ease of doing business means
The recent directive to central goods and services tax officers for maintaining ease of doing business while engaging in investigation with regular taxpayers has been welcomed by experts, who believe that it could contribute towards greater tax certainty. However, actual implementation of the directive on the ground would be key they believe.
The directions are significant given the large number of cases where GST officials have initiated enforTcement action as well as the issuance of several show cause notices in recent months.
Abhishek Jain, National Head and Partner, Indirect Tax, KPMG said the instruction is a positive step towards addressing industry concerns and emphasising ease of doing business. “Implementation will be key to its success, and if followed, it could contribute towards tax certainty and stability in our country's business landscape,” he noted.
