https://www.taxtmi.com/article/detailed?id=892 A proposed dual GST system would establish separate central and state components with a uniform exemption threshold and simplified rules for small dealers, while adopting parallel rate schedules resulting in combined and multi-tiered rates. The design aims to broaden the tax base and increase revenue but risks higher aggregate tax burdens, uncertain subsumption of existing state levies, strong dependence on consistent IT infrastructure across states, and significant transitional compliance and administrative challenges during a multi-year implementation. en-us Sat, 31 Jul 2010 16:34:52 +0530 Wed, 04 Feb 2015 19:08:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=892 A proposed dual GST system would establish separate central and state components with a uniform exemption threshold and simplified rules for small dealers, while adopting parallel rate schedules resulting in combined and multi-tiered rates. The design aims to broaden the tax base and increase revenue but risks higher aggregate tax burdens, uncertain subsumption of existing state levies, strong dependence on consistent IT infrastructure across states, and significant transitional compliance and administrative challenges during a multi-year implementation. Articles Goods and Services Tax - GST Sat, 31 Jul 2010 16:34:52 +0530 https://www.taxtmi.com/article/detailed?id=892