Time for govt to stand its ground on GST

GST Council would do well to recognise the imperfections in the new tax regime

A K Bhattacharya  |  New Delhi 

A K Bhattacharya The July deadline of rolling out the goods and services tax (GST) is just a few weeks away. It is, therefore, time to take a close look at what the misgivings are about the new indirect taxes regime and how well the government has been trying to remove them.   The first big misgiving is about the many rates under the GST and how different commodities and services would be placed under them. This is going to be the biggest challenge before the GST Council. The damage was done when the political leadership under pressure from the states and Opposition political parties settled for what ...

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Read our full coverage on GST

Time for govt to stand its ground on GST

GST Council would do well to recognise the imperfections in the new tax regime

GST Council would do well to recognise the imperfections in the new tax regime The July deadline of rolling out the goods and services tax (GST) is just a few weeks away. It is, therefore, time to take a close look at what the misgivings are about the new indirect taxes regime and how well the government has been trying to remove them.   The first big misgiving is about the many rates under the GST and how different commodities and services would be placed under them. This is going to be the biggest challenge before the GST Council. The damage was done when the political leadership under pressure from the states and Opposition political parties settled for what ... image
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