Chaotic GST ahead

The 32nd meeting of the GST Council held recently will go down in history for paving the way for the GST to transition back to the chaotic state VAT era. The very purpose of having GST in the first place was to remove the non-uniformity in tax rates, regulations, procedures which were in force in the states’ VAT laws. Also, at the Central level, excise duty levied on manufacture of goods and servi…