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Without sops, GST set to be taxing for SEZs, tech parks

By Rostow Ravanan

The recent release of the draft model GST law is possibly the most ambitious and far-reaching reform of the Indian indirect tax structure for goods and services in decades.

This is a move as eagerly awaited as it is overdue, given the issues that have plagued the tax system for a long time, including dual taxation by Centre and states, cascading impacts of these to the end consumer making goods and services more expensive, lack of transparency and tax evasion.