PRICE CONTROL - Action Plan
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Mr. Pande, modifying taxation structure would do less to control prices in India. Only competition in the market and modernization of the manufacturing industry could do such thing. In our country there is a long distribution channel for most of the consumer goods with value addition in each subsequent stages. A mechanism of eliminating intermediate steps would do well to control price but at the risk of making millions jobless. Some tax rates are a little harsh and hopefully would be corrected in coming days. more
Sep 10
There are several ambiguities in classification and levy of taxation in gst due to hurried implementation including Gstn services , export services benefit to pass on to exporter, composite tax payers difficulties etc which gst council should relook and resolved the hardship of trader and general people. Housing society is an association of person to serve only its member at their cost and therefore, it is purely illogical to charge gst on their services. There is justification to charge gst where club house is maintained by the society to serve their members as it belongs to elite class more
Sep 08
