Apropos your editorial GST If it were done when it is done (ET dated 22/5/17), the ultimate objective of the GST is to rationalise the taxes in such a way that the nation as a whole will have only one tax which will help to augment the revenues and distribution of wealth in an equitable manner and bring down the inequality of wealth and incomes among all states and the people The success of the GST no doubt depends on its effective implementation with adequate checks and balances to minimise corruption, leakage of collection and efficient and timely distribution of goods and services and the revenues through out the country.The administrative system needs to be made strong and accountable which is possible only if the Government moves ahead with the implementation of the GST with speed with adequate provision for periodical review of progress and revision of the rules of the game in a befitting manner without loss of time and intended objectives.
Dr T V Gopalakrishnan
(this letter appeared in ET dated 23/5/17 with some modification.)
(this letter appeared in ET dated 23/5/17 with some modification.)
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