Goods and Services Tax as unified indirect tax framework proposed with shared IT network and state dispute concerns.
Goods and Services Tax is proposed as a single substitute for multiple indirect taxes, supported by a GST Network (GSTN) SPV to deliver a uniform taxpayer interface and shared IT services; an industry partner was chosen to incubate the SPV. Key implementation concerns raised include data security, technology integration, settlement of state revenue losses and compensation, dispute resolution among stakeholders, integration with direct tax information, and the procedural design of GST governance and decision making.