New Delhi, June 24 -- A recent survey conducted by Deloitte India titled "GST@8" has revealed that Indian businesses overwhelmingly view the Goods and Services Tax (GST) as beneficial.

Over 85 per cent of the 963 senior industry executives surveyed across eight sectors believe GST has simplified compliance and supported business growth since its introduction in July 2017. This marks a significant rise in confidence compared to 59 per cent in 2022.

Industry leaders have lauded the digitisation of tax processes through features like e-invoicing, auto-populated returns, and e-way bills, which have made GST compliance more efficient. However, several critical concerns remain unaddressed.

Many respondents flagged issues such as delays in re...