New Delhi, Sept. 5 -- Even as the goods and services tax (GST) completes eight years, inverted duty structures, restricted cross-utilisation of input tax credits, and a patchy IT infrastructure that complicates compliance remain major challenges to India's next phase of tax reform, consulting and auditing firm Deloitte said on Friday.

In a presentation titled "GST 2.0: Opportunities to Reality: Recommendations of the 56th GST Council Meeting," Deloitte said simplification, fairness, and technology-led compliance must anchor the future of GST.

The report drew on global best practices to outline a roadmap featuring a centralized audit framework, simplified compliance for exporters and B2B services, and wider use of technology to reduce fi...