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Need for artificial definitions in fiscal economics

If the definition in the market parlance is uncertain or non-existent, then the definition in the scientific book will apply

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Sukumar Mukhopadhyay
With GST coming, we had hoped that controversies of classification and problems of interpretation would vanish or get substantially reduced. Unfortunately, that is not to be. Sev­e­ral rates of duty namely 5 per cent, 12 per cent, 18 per cent and 28 per cent will keep the flags flying for taxpayers and lawyers who want to pay less duty. Particularly the rates 12 per cent and 18 per cent will be most controversial. Since we have to use the big fat Central Excise Tariff renamed as GST Tariff, all the notes at the be­ginning of the tariff will still be
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