Provisional credit issue a hurdle to simplifying GST; Council to take call

A goods and services tax (GST) ministerial panel on Tuesday failed to arrive at a consensus on simplified  GST  returns due to divergent views on provisional input tax credit and the matter will now be discussed by the Council in its next meeting. However, there was a broader view that a “fusion” be created by taking “good” points from two models given to the panel. The group of minister…