The government from both the polarities of center and states still can’t decide the dual controller of assessees which will be proposed under the GST impact. Finance minister Arun Jaitley said that “The meeting has remained incomplete. Discussions will continue on November 25.”
Kerala Finance Minister Thomas Issac said that “A middle ground on the issue has to be worked out politically, it is a stalemate and his state is unwilling to compromise as it has virtually given up its taxation rights. A state like West Bengal, Uttar Pradesh, Kerala, Rajasthan, Odisha and Uttarakhand, and small taxpayers cannot be harassed by dual control.”
While the GST will also try to implement draft which has proposed a new anti-profiteering measure under the new tax regime and the Centre may constitute an authority to oversee the benefits being passed on. The sources informed that “Subsidies provided by Centre and states are to be kept out of GST and the tax is likely to be levied on the supply of services by intermediaries.”
