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Govt may not implement reverse charge mechanism under GST: Report

Tuesday, July 3, 2018, 6:06 PM

The GST has completed one year of its implementation but the government is likely to go slow when it comes to rolling out the reverse charge mechanism. It is of the view that the step is unlikely to provide significant revenue gains and could affect small businesses. However, the government is exploring for an alternative mechanism to curb tax evasion, said the sources.