Today’s Topic for Discussion is:

Goods and Services Tax (GST)

Issues:

  • What is GST?
  • What is revenue neutral rate?
  • What are the benefits of GST?
  • Challenges in its implementation?
  • Does GST affect the federal structure of the country?
  • What will be the impact of GST on backward states such as BIMARU?
  • Does the imposition of cess, dividing GST rate differently for different goods has diluted the GST?
  • What will be the impact of GST on industries such as textile industry?

Knowledge Base:

What is GST?

Things about GST

GST and Industry

Revenue Neutral Rate 

Challenges of GST

 

Aspirants can discuss in the comment section below.

Source: Telegram