https://www.taxtmi.com/article/detailed?id=1379 The article examines whether a destination-based consumption levy like GST is regressive and explains how exemptions and comprehensive input tax credits can mitigate that regressivity. It notes exemptions for public distribution system food, health and education services, and input tax offsets for real estate as operative design features that limit output taxation and reduce embedded tax in key goods and services. Empirical projections of sectoral price changes and increases in real returns to factors are identified as channels by which GST may raise incomes and lower consumer prices for the poor. en-us Fri, 05 Aug 2011 18:50:09 +0530 Wed, 04 Feb 2015 19:05:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1379 The article examines whether a destination-based consumption levy like GST is regressive and explains how exemptions and comprehensive input tax credits can mitigate that regressivity. It notes exemptions for public distribution system food, health and education services, and input tax offsets for real estate as operative design features that limit output taxation and reduce embedded tax in key goods and services. Empirical projections of sectoral price changes and increases in real returns to factors are identified as channels by which GST may raise incomes and lower consumer prices for the poor. Articles Goods and Services Tax - GST Fri, 05 Aug 2011 18:50:09 +0530 https://www.taxtmi.com/article/detailed?id=1379