Recent changes brought to the goods and services tax (GST) rules, including certain conditions for return filing using input tax credit, have started showing impact, Vivek Johri, chairman of Central Board of Indirect Taxes and Customs (CBIC), told Shrimi Choudhary in an interview. Edited excerpts:
GST is turning five. How has the journey been so far?
We have come a long way…first two years were challenging as revenue productivity fell below the expectations. There were factors contributing to the complexities of the new regime. Compliances were poor due to procedural burden and glitches at the GST network (GSTN) were also