Without immediate reform, future of GST at 'grave risk', Tamil Nadu FM told GST Council

The Goods and Services Tax (GST) needs a 'profound, root and branch reform', without which the very future of the tax regime will be at grave risk, Tamil Nadu Finance Minister Palanivel Thiagarajan has told the GST Council. The 43rd GST Council meeting chaired by Finance Sitharaman on 28 May saw significant differences among the states and the Centre on key issues. The new Tamil Nadu Finance Minis…