Maharashtra government yesterday brought in 31 reforms in the state GST structure to promote ease of doing business. The changes have been brought in for the first time since the introduction of the GST. A state finance ministry official said, all the changes will come into effect from 1st October.
Hotels, restaurants and traders will now see
speedy processing of refunds. Another major step in the GST reforms is to charge 2 per cent TDS on payments made to all types of government contractors. The rule of one GST number for one trader irrespective of his or her multiple business activities is now changed. A trader can have multiple GST numbers as per the business verticals.