The government said the goods and services tax regime, likely to start in two months, will not increase the compliance burden on trade and industry. “Many people think that implementation of GST would result in increase in compliance cost.This is completely misplaced,“ revenue secretary Hasmukh Adhia told netizens on Facebook. Industry has been apprehensive about GST increasing compliance burden. Adhia said that on the contrary, it would come down because trade and industry won't have to maintain separate books for central excise and value added tax. “With the rollout of GST, there would be a single tax and accounting for this will be very simple. It can be done through an offline excel form provided by GST Network. If someone uses this form for keeping records of purchase and sales, then he can use this for filing returns. Thus, compliance would be minimised,“ he said. Adhia, who is spearheading the implementation of GST, said the finance ministry is gearing up for the rollo