Business Today

GST Bill: Time to Remove Small Glitches

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This refers to your article on the GST Bill ( The Final Frontier, Aug 28). It would not be an exaggerati­on to term this bill as the most important indirect tax reform since 1991. Once implemente­d successful­ly, it will boost tax collection for the Centre and states. The biggest bone of contention is the uniform GST rate, which started from 12 per cent and now they are talking about 18 per cent or even more. Opposition states like UP, Bihar and West Bengal should not be a problem because they will be among the major beneficiar­ies. Whatever rate is finalised, the common man’s interest should be kept in mind. If the government wants to implement the new tax regime from April 1, 2017, then it should try to remove all small glitches by then. Bal Govind, Noida

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