GST system redesign neither desirable nor feasible, say tax experts
N K Singh, chairman, the Fifteenth Finance Commission, recently set the cat among pigeons when he called for taking the goods and services tax (GST) system back to the drawing board. He is, however, not the first one to say so. Earlier, the finance ministers of Punjab and Kerala had made similar demands. Reasons for the rethink on GST are not difficult to figure out. Both businesses an…