GST / GIVE
AND TAKE
Dear Shri Modiji / Shrimati Soniaji :
It was statesperson like for you, to reach out to each
other last evening , in order to arrive at an agreement on GST
All negotiations have two , initially opposing ,
parties
No agreement can be arrived at , on the " Terms
" of only one of the parties
A customer sold against his will , ceases to be a
customer !
Agreements imposed through numerical strength of
membership , are bound to get sabotaged
To arrive at a " Lasting Solution " , there
must be give and take
Here is my suggestion :
NDA GIVE
/ OPPOSITION
TAKE :
*
Accept a cap of 18 % for GST in the Constitutional Amendment Bill
OPPOSITION GIVE / NDA TAKE :
*
A provision in Bill to enable the Government of the day , to raise the GST % in
subsequent years , through an enabling provision
This provision ( not mandatory ) , will allow the Government to raise the GST %
through the Annual Central Budget each year
( anyway , Union Budget has to be passed in Lok Sabha , each year )
*
The amount by which GST " may " get raised , to be calculated as
follows :
# Starting GST % = 18 %
# Assume that , in 2016-17 , CPI rises by 10 %
# Take 5 % of that 10 % rise in CPI
. That works out to 0.5 %
# So , in 2017-18 , GST may be raised by 0.5 % , to
become 18.5 %
# This is the UPPER LIMIT . Government may choose to
revise GST to any
figure less than 18.5 %
This is a
perfect FACE SAVING FORMULA / a WIN-WIN situation for both !
This is not
a matter of , " WHO is right ? "
This is a
question of , " WHAT is right ? "
Carpe
Diem ! Cease this moment to strike a deal by today evening !
Good
Luck !
---------------------------------------------------------------------------------------------
hemen
parekh
28
Nov 2015
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