Imposition of calamity tax with GST not advisable: CAIT

Traders' body  CAIT Tuesday said levy of any cess or tax with the Goods and Services Tax ( GST ) is not advisable as it will contradict the principle of one tax, one nation. The Confederation of All India Traders (CAIT) in a statement said that any move to impose  calamity tax with the GST will set a wrong precedent in the country. The GST Council last week set up a seven-member minister…