by CA. Sandeep Choudhary
63662 57036
sandeepchoudharyfca@gmail.com
1. Bring Electricity under GST ambit. Scrap other taxes on power.
2. Bring petroleum products under GST. Reduce excise and sales tax correspondingly to retain total tax incidence at current levels.
3. Bring Real Estate under GST. Scrap stamp duties. Create suitable mechanism to allow homeowners to adjust GST on sale of a house with GST paid at the time of purchase, without requiring GST registration.
4. Merge 12% and 18% to 15%.
5. Identify limited number of luxury/ sin goods for higher rate. Bring down other items like cement to standard rate.
6. Amend GST Acts to delegate Rule-making power to GST Council instead of respective Governments. Reduce gap between de jure and de facto.
7. Stop forcing small businesses to get a fake address for registered office. Understand that electricity & water department have their own weird ways for names and addresses.
8. Provide a mechanism to rectify revenue-neutral errors (tax credit taken under wrong head or wrong period, tax paid under different head, error in name of relevant State etc) without hassle. When such errors are identified by authorities, they should be required to send a request to reclassify the item under the correct head instead of demanding tax.
9. Require appellate officers to collate all types of appeals to identify areas where you can improve law to reduce litigation and bona fide errors.
10. Open up GST Council meetings to public. Publish detailed minutes, including minutes of committee meetings.
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