Introducing flaws

The provision enabling a higher peak GST rate is of concern

There was much to cheer as the Goods and Services Tax (GST) Council wrapped up its originally scheduled two-day meeting on the first day itself. The council approved two crucial Bills, the Central GST and the Integrated GST, and also approved the division of administrative turf between the Centre and the states for IGST. Another Bill, the Union Territory GST Bill, will be taken up at the next meeting on March 16. The CGST and IGST will now be introduced in Parliament during the second half of the Budget session and their passage will pave the way for a July