States borrowing without GST Council nod sets dangerous precedent. It’s a blot on tax reform
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States borrowing without GST Council nod sets dangerous precedent. It’s a blot on tax reform

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Modi government has set a dangerous precedent by circumventing the GST Council and allowing states to borrow without its nod. States are also to blame for the logjam when Covid demanded compromise by either side. GST is in a nascent stage and this episode is a blot on tax reform.