GST Panel Chairman Amit Mitra presses pause button on GST, lambasts demonetisation 'double whammy'

West Bengal FM and Chairman of GST Panel, Amit Mitra tells CNBC TV-18 that financial impact of demonetization may derail implementation of GST; Remarks, “Demonetization will lead to a fall in States’ tax collections” and GST compensation of Rs. 50,000 Cr was agreed upon without such ‘anarchic’ move; Says, States cannot handle ‘double whammy’ leading to two massive fiscal destabilizations; Mr. Mitra states that clarity is still required on dual control dilemma, c...