It was better to first build a single-rate GST with a low rate, achieve full mastery of this, and then consider more complex possibilities such as high rates and multiple rates. Former finance secretary Vijay Kelkar on Friday advocated a single rate for the Goods and Services Tax (GST) as that would be simpler to administer. The GST Council has already decided on the four-rate structure for the indirect tax regime, besides a cess. Giving an example, he said it was better to first build a ... Rediff.com, 1 month ago
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