Statements from Sachin Menon, Partner and National Head, Indirect Tax, KPMG in India


" Though the expectation of the industry to extend the date of implementation has not come true, the  council's decision to allow the registered dealers to file First GST return by September 17 will go a long way in reducing pressure on compliance."
" The relaxation in date of filing of first GST return by September and the decision to postpone requirement of E way bill , will ease the pressure on trade and industry to a great extent."
" The decision to reduce the GST rate from 28% to 18% for air conditioned restaurants and room tariff  limit up to Rs.7500 will reduce the worries of Hotel and tourism industry, though not resolve completely 

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