Business Standard

Extending GST compensation period may push back rate rejig: CBIC chairman

In a Q&A, CBIC chairman Vivek Johri talks about if revenues are to reach the levels where compensation would perhaps no longer be an issue, then GST rate structure, exemptions too need to be reviewed

Vivek Johri, CBIC chairman
Premium

Vivek Johri, CBIC chairman

Asit Ranjan MishraArup Roychoudhury New Delhi
While a final call is to be taken on whether to extend the goods and services tax (GST) compensation period for the states beyond June this year, Central Board of Indirect Taxes & Customs (CBIC) Chairman Vivek Johri, in an interaction with Asit Ranjan Mishra and Arup Roychoudhury, says if revenues are to reach the levels where compensation would perhaps no longer be an issue, then not only the GST rate structure but exemptions too need to be reviewed. Edited excerpts:

The Union finance minister said in the Budget speech a lot of challenges in GST remained. Is it just

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 18 2022 | 6:06 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com