 "T C A Anant")
The goods and services tax (GST) might find use in national accounts beyond the routine application of indirect taxes in converting gross value added (GVA) into gross domestic product (GDP).
"We have started an exercise to look into this. A group comprising officials of the national accounts division is examining this issue," T C A Anant, the government's chief statistician, told Business Standard.
GST, he noted, was more than a tax, since assessees file returns and describe activities on which the tax is levied, beside a whole bunch of other information. "In B2B (business to business) transactions, we can track the value
