00885pab a2200133 454500008004000000100002000040245004000060260000900100300001600109362001000125520056900135650001300704773003400717180718b2006   xxu||||| |||| 00| 0 eng d  aBagchi, Amaresh  aTowards GST: choices and trade-offs  c2006  ap.1314-317.  a8 Apr  aWhat kind of Goods and Services Tax is under contemplation? Will it only replace CENVAT and the service taxes levied by the centre, leaving, the state VATs untouched? Or will it also displace the VATs now being levied by the States? These are important issues which have a vital bearing not only on the shape of trade taxation in the country but also on the federal structure of the polity envisaged in the Constitution and call for a more careful consideration than has taken place, so that choices are made with a clear-eyed view of the trade-offs. - Reproduced.  aTaxation  aEconomic and Political Weekly