Why Are States Unhappy With The Gst?

1.	Why Are States Unhappy With The Gst?
Answer» The replacement of the EXISTING TAXES with the GST will lead to a revenue LOSS for the states. The states WANT compensation for this and the matter is how they will be compensated. So there are efforts to arrive at a formula that is acceptable to the states. The replacement of the existing taxes with the GST will lead to a revenue loss for the states. The states want compensation for this and the matter is how they will be compensated. So there are efforts to arrive at a formula that is acceptable to the states.

Answer»

The replacement of the EXISTING TAXES with the GST will lead to a revenue LOSS for the states. The states WANT compensation for this and the matter is how they will be compensated. So there are efforts to arrive at a formula that is acceptable to the states.

The replacement of the existing taxes with the GST will lead to a revenue loss for the states. The states want compensation for this and the matter is how they will be compensated. So there are efforts to arrive at a formula that is acceptable to the states.

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