From the Opinion Editor: About bun, cream and GST
The tax oddities faced by businesses due to the multiple rate structure under the Goods and Services Tax regime continue to be a sore point. At a meeting with Finance Minister Nirmala Sitharaman a few days ago, D Srinivasan, Managing Director of Coimbatore’s Annapoorna Hotels, also pointed out some of the peculiarities of the current indirect tax system with regards to the differences in rat…