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Not profitable

Govt should scrap the flawed idea of an anti-profiteering body

Business Standard Editorial Comment 

The government has released revised drafts of the model goods and services tax (GST) laws that will be discussed by the GST Council at its meeting starting on Friday. The draft laws are expected to be finalised at this meeting so that the government may table them in Parliament next week and pave the way for rolling out the new indirect tax regime from April 2017. A significant provision in the draft laws pertains to the exclusion of securities from the definition of goods. Earlier drafts had allowed securities to be defined as goods, giving rise to concerns that GST rates would be ...

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Not profitable

Govt should scrap the flawed idea of an anti-profiteering body

Govt should scrap the flawed idea of an anti-profiteering body The government has released revised drafts of the model goods and services tax (GST) laws that will be discussed by the GST Council at its meeting starting on Friday. The draft laws are expected to be finalised at this meeting so that the government may table them in Parliament next week and pave the way for rolling out the new indirect tax regime from April 2017. A significant provision in the draft laws pertains to the exclusion of securities from the definition of goods. Earlier drafts had allowed securities to be defined as goods, giving rise to concerns that GST rates would be ... image
Business Standard
177 22

Not profitable

Govt should scrap the flawed idea of an anti-profiteering body

The government has released revised drafts of the model goods and services tax (GST) laws that will be discussed by the GST Council at its meeting starting on Friday. The draft laws are expected to be finalised at this meeting so that the government may table them in Parliament next week and pave the way for rolling out the new indirect tax regime from April 2017. A significant provision in the draft laws pertains to the exclusion of securities from the definition of goods. Earlier drafts had allowed securities to be defined as goods, giving rise to concerns that GST rates would be ...

image
Business Standard
177 22

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