Mentor’s comment-
- https://indianexpress.com/
article/opinion/columns/gst-2- 0-next-stage-of-reform-in-the- tax-regime-requires-creating- federal-institutions-8029959/ - In the intro, mention the completion of five years of GST.
- In the body mention improvements such as input credit to the buyer only after the seller uploads the invoice, introduction of e-invoicing and the introduction of e-waybill. In the suggestions mention need to amend the law to provide that all units buying from unregistered GST suppliers would have to pay duty on a reverse charge basis. This would help the large buyers to buy from units whose turnover is below the threshold. Next mention the need to increase the average GST rate without fueling the inflation. Third mention the need for a federal institution in the form of the GST state secretariat.
- Conclude by mentioning that these changes will add to the success of the GST regime.
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Hello
Decent attempt, structure of the answer is good.
In introduction, you can mention the increased revenue collections.. It will give a context to the answer..
Improvements are fine, you can add points such as input credit to the buyer only after the seller uploads the invoice,introduction of e-invoicing etc
In further improvements, you can additionally talk about streamlining reverse charge mechanism and the need for a federal institution in the form of the GST state secretariat.
Rest of the points are decent.
Conclusion is fine.
Keep practicing. 🙂