 |
Integration of a large number of Central & State Taxes – multiplicity of taxes and tax rates. |
|
How to levy tax on consumptions whether as multi point levy or levy at final consumptions. |
|
Power to levy and collect taxes – necessary constitutional amendments. |
|
Rationalization of thresholds and exemption limits. |
|
Operating a seamless input credit system – no cascading. |
|
Integrating the origin based tax with the destination based GST. |
|
Efficacy and integration of broad based computerization across the Nation. |
|
Dispute settlement procedure and machinery. |
|
Training of tax administrators and assesses. |
|
Protecting and balancing the present and future revenues of the Centre and the States. |
|
Safeguarding the interests of less developed States with lower revenue potential. |
|
Treatment of exemption allowed in excise, VAT, etc. |
|
Treatment of chargeability of Alcohol, tobacco, petroleum products which are likely to be out of the GST regime. |
|
Various other issues like inter state transfer of goods cross border taxation of services, place of taxation, timing of taxation, etc. |
