Vijay Kelkar and I have a column in the Business Standard today, Many roads lead to a sound GST. The GST was originally intended as the replacement for the complex array of indirect taxes which creates many frictions that hold back private investment. Some basics have yet to fall into place: a low, single rate; a universal base; zero rating of exports; GST on imports; simplicity of the legal and enforcement system.
Many roads lead to a sound GST
Many roads lead to a sound GST
Many roads lead to a sound GST
Vijay Kelkar and I have a column in the Business Standard today, Many roads lead to a sound GST. The GST was originally intended as the replacement for the complex array of indirect taxes which creates many frictions that hold back private investment. Some basics have yet to fall into place: a low, single rate; a universal base; zero rating of exports; GST on imports; simplicity of the legal and enforcement system.