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HomeGST NEWSGST not a perfect system, requires changes, rate rationalisation: N K Singh

GST not a perfect system, requires changes, rate rationalisation: N K Singh

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Fifteenth Finance Commission Chairman N K Singh said that GST required changes, including greater rate rationalisation  since it was not a perfect tax system. He further said that implementation of GST is an ongoing process. According to him, three changes were necessary that are greater rate rationalisation, getting rid of exemptions, and improving the quality of technology and invoice matching.

https://www.business-standard.com/article/economy-policy/gst-not-a-perfect-system-requires-changes-rate-rationalisation-n-k-singh-120111901548_1.html

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