GST Discussion: Petroleum Products, Alcohol Out | Congress’ Dissent Note

2015-07-21 1

The Goods and Services tax gets a step closer to reality. Select panel on GST has adopted the final report - ET NOW learns the government may compensate states for the first five years. Congress wants the additional 1% state levy to go and insists on inclusion of alcohol, electricity and petroleum products. ET NOW’s Supriya Shrinate & Gaurie Dwivedi get you all the details and discuss the opposition’s demands from the GST panel with D Raja, Saugata Bhattacharya of Axis Bank, Satya Poddar of Ernst & Young, Mukesh Butani of BMR Legal, Harsh Mariwala of Marico & Mythili Bhusnurmath - Consulting Editor with ET NOW.