GST Compensation: The GST Trust Deficit Needs Fixing First
Then Finance Minister Arun Jaitley with state finance ministers at the 33rd GST Council meeting, on Feb 24, 2019. (Photograph: PTI)

GST Compensation: The GST Trust Deficit Needs Fixing First

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One of the most important arguments in favour of implementing a goods and services tax across India was that it would eliminate the cascading effect of various indirect taxes. The GST Compensation ...