CBEC Chairman Najib Shah bats for minimal exemptions; GST a new beginning for organisation
CBEC Chairman Najib Shah in an exclusive interview to CNBC TV 18 Managing Editor Sheeren Bhan, bats for minimal exemptions for India Inc. under GST, says that lesser the number of exemptions, the better it will be as each exemption distorts structure of the tax regime; Exemptions which have long gestation period can be addressed through multiple routes – either by phasing them out over a period of time or by giving extra funds, GST Council will discuss same in next meet...