GST Council discusses draft Bills, but no consensus on 'dual control' yet
No consensus during GST Council meeting today on dual control of service tax assessees; Kerala FM Thomas Isaac states “Lot of time was spent on discussion of draft laws and without discussion of draft laws, the issue of dual control cannot be decided"; Some States want businesses below annual turnover in their domain, horizontal till threshold of Rs. 1.5 Cr. and above that, the vertical structure, while other States want cross empowerment; Council to meet tomorrow ...