GST RO(W)AD AHEAD - Episode 8 GST Council at its last meeting finally managed to overcome the deadlock over the issues of dual control and cross-empowerment. And the final agreement is - States will have jurisdiction over 90% of the assessee-base below Rs 1.5 Cr threshold. This has upset the CBEC officers across the country. Then, both the Centre and the States will have 50:50 jurisdiction over Rs 1.5 Cr threshold. There are many such critical issues such as the States getting jurisdiction over the transactions in the territorial waters which need to be looked into for its implications for the trade and industry. TIOl TUBE invited four domain experts - Mr Sumit Dutt Majumder, former CBEC Chairman, Mr Pratik Jain, National Leader-GST, PwC; Mr Shashank Priya, Joint Secretary, GST Council and Mr T R Rustagi, former JS, TRU to share their views. The Episode was anchored by TIOL Founder Editor, Mr Shailendra Kumar.