https://www.taxtmi.com/article/detailed?id=591 The paper identifies a dual GST structure with central and state GSTs producing non uniform state laws, duplicated compliance and appeals, higher costs for multi state businesses, and delays in input tax credit and refunds; it proposes an IGST clearinghouse collected by the Centre to allocate inter state credits via registered e returns, recommends treating composite contracts as services to simplify valuation, and stresses the need for compensation to states, harmonised rates, and robust IT infrastructure to manage transition and supply chain impacts. en-us Wed, 09 Dec 2009 00:00:00 +0530 Wed, 04 Feb 2015 19:10:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=591 The paper identifies a dual GST structure with central and state GSTs producing non uniform state laws, duplicated compliance and appeals, higher costs for multi state businesses, and delays in input tax credit and refunds; it proposes an IGST clearinghouse collected by the Centre to allocate inter state credits via registered e returns, recommends treating composite contracts as services to simplify valuation, and stresses the need for compensation to states, harmonised rates, and robust IT infrastructure to manage transition and supply chain impacts. Articles Goods and Services Tax - GST Wed, 09 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=591