Letter to BS: Fix GST rate on services at 18% with no input tax credit

To avoid tax on tax, the GST rate should be first brought down to 2 per cent or 5 per cent for manufacturers when they purchase raw materials.

This refers to "Reforming GST" by Naushad Forbes (February 20) in which he has observed the need to simplify, lower and make the goods and services tax or GST comprehensive to fulfill its purpose. I think the Letter to BS: GST law needs to let taxpayer pay without input tax creditis to enable the payer pay GST without input tax credit. Some may argue that it will lead to tax on tax but I have a solution for that too. To avoid tax on tax, the GST rate should be first brought down to 2 per cent or 5 per