https://www.taxtmi.com/news?id=34531 Talks of reciprocal tariffs by the United States challenge the structure and international treatment of GST as a consumption tax, which by design applies to imports and exempts exports; such tariff measures could undermine GST's neutral treatment of trade and tax-policy coherence. The Congress urges a sovereign response and pushes for a GST 2.0 emphasising rate minimisation and simplified compliance to protect tax design and regulatory autonomy. en-us Wed, 19 Feb 2025 12:16:02 +0530 Wed, 19 Feb 2025 12:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34531 Talks of reciprocal tariffs by the United States challenge the structure and international treatment of GST as a consumption tax, which by design applies to imports and exempts exports; such tariff measures could undermine GST's neutral treatment of trade and tax-policy coherence. The Congress urges a sovereign response and pushes for a GST 2.0 emphasising rate minimisation and simplified compliance to protect tax design and regulatory autonomy. News - Wed, 19 Feb 2025 12:16:02 +0530 https://www.taxtmi.com/news?id=34531