Task: Language Identification
Input (Telugu, English): In the current regime, a manufacturer is subjected to dual control – since he is typically assessed by the Centre for Excise and by the State for VAT. In the GST era too, since a manufacturer will be liable to pay both CGST and SGST – there was a genuine concern that a manufacturer will continue to be assessed dually. This aspect of dual control has been deeply discussed and debated by both states and centres. However, the government reached a consensus in January 2017 to avoid dual control. Under the proposed GST regime, 90% of all assesses with a turnover of INR 1.5 crore or less will be assessed for scrutiny and audit by state authorities, the remaining 10% by the Centre. Above that limit, Centre and states will assess in a 50:50 ratio. This step will surely go a long way in adequately protecting the interest of small traders, and making the GST transition a smooth and effective one.
Output (English): English