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As one of the major
objectives of the tax reforms under VAT is to bring in uniformity of rates, will
the Government mandate all the State Governments for adoption of Harmonised
System of Nomenclature (HSN) Codification for all goods as suggested by the Tax
Information System at the time of introduction of Constitutional Amendment Bill
on GST?
Indeed ushering in of uniformity across India is one of the objectives of GST.
The Finance Minister conceded in his Budget speech that introduction of GST is
slightly dicey because he needs the cooperation of the States whereas he was
fairly confident of introducing the Direct Taxes Code.
Source:
Business Line, India, dated
05/04/2010
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