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Centre Vs. State Faceoff over GST Hike

Tamil Nadu Minister called GST Council a mere Rubber Stamp which operates without meeting.

TN Finance minister hits back at Sitharaman’s argument at Parliament and said the State had opposed recent GST hike in a written letter.

The GST Model we have with multiple rates & multiple exemptions is the most complex GST Model among 140 countries. The actual design and implementation is even worst: 

Centre has greater say in GST council. The present voting system at the GST council is heavily tilted towards the BJP-led Union government.

- Tamil Nadu FM

Centre has greater say in GST council. The present voting system at the GST council is heavily tilted towards the BJP-led Union government, TN finance minister Rajan said.

Revealing how the present voting system is heavily tilted towards the BJP-led Union government, he said, “A 75% positive response is required for a resolution to pass. The Union Government has 33% of the votes. This means any resolution brought in by anybody is at a dead end if the union government says no.”

“Under these circumstances, trying to force out one agenda with 56 items on a 20-agenda meeting is an exercise in futility,” he added. He further.......
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Author:

TaxReply


Aug 5, 2022


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