Tax Experts react to GST Council's consensus on threshold, dual control & compensation

The Govt. is going all guns blazing to meet the rollout date of April 1, 2017 for the most highly anticipated indirect tax reform since independence. The GST Council concluded its first meeting on Friday last week, reaching a consensus on the exemption threshold, dual control between Centre & States, treatment of Cesses, compensation and revenue projection.

Read below what Tax Experts have to say on this significant development.