https://www.taxtmi.com/article/detailed?id=7042 GST proposals preserve multiple levies and dual administration, with a separate cess to compensate states that will distort input tax credit and add accounting heads. A multi rate structure and additional special rates will widen the tax base and increase compliance burdens; lack of clarity on exempt goods and draconian model provisions heighten uncertainty. The piece calls for a clear white paper, fewer rate slabs, internal management of dual control to ease compliance, protection of consumers from inflationary effects, and active stakeholder engagement. en-us Fri, 21 Oct 2016 07:09:54 +0530 Fri, 21 Oct 2016 07:09:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7042 GST proposals preserve multiple levies and dual administration, with a separate cess to compensate states that will distort input tax credit and add accounting heads. A multi rate structure and additional special rates will widen the tax base and increase compliance burdens; lack of clarity on exempt goods and draconian model provisions heighten uncertainty. The piece calls for a clear white paper, fewer rate slabs, internal management of dual control to ease compliance, protection of consumers from inflationary effects, and active stakeholder engagement. Articles Goods and Services Tax - GST Fri, 21 Oct 2016 07:09:54 +0530 https://www.taxtmi.com/article/detailed?id=7042