So @bsindia goes into great depth about the systematic vulnerabilities that exist in GST which caused 10,000s of Crores (Yes, that much) of revenue loss.
But I told you that sometime back in a long Twitter thread with nice diagrams.
But I told you that sometime back in a long Twitter thread with nice diagrams.
My first long thread on why invoice matching not getting done is the original sin.
The second one with more explanations:
@nit_set reports here that Granular voucher matching was deferred. I will write once again on how this is an impossibility at the summary level across two varying timelines.
This is going to get much much worse with all the tweaking this govt is doing.
This is going to get much much worse with all the tweaking this govt is doing.
In case these brilliant people think of making #Aadhaar mandatory, all I can tell you is, scams will increase mani-fold because as @UIDAI and @ceo_uidai admitted in SC and HC, no one verifies anything.
So vanishing companies "are a feature", but not a bug.
So vanishing companies "are a feature", but not a bug.
The last line will terrify everyone.
Upload vouchers every day? Do you know why? That is another incompetence story that needs to be told in depth.
Will people run business or will keep uploading vouchers?
All in all another excellent screw-up by Pandey-ji. 🥇🥇🥇
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Upload vouchers every day? Do you know why? That is another incompetence story that needs to be told in depth.
Will people run business or will keep uploading vouchers?
All in all another excellent screw-up by Pandey-ji. 🥇🥇🥇
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