The Association of Mutual Funds in India (AMFI) has sought safeguard measures from the government under the new Goods and Services Tax (GST) regime. The move comes as AMFI is of the view that investing in mutual funds could become more expensive due to increase in cost or compliances. Presently, under VAT and service tax laws, transactions in securities are not taxed. AMFI has requested that GST Model law should make provision for centralised registration and reflecting details of all the places of business. The mutual fund industry body is worried that the current provisions of the law would impose an enormous burden of compliance on an assessee as the person would required to register and file returns from more than one place of business.