GST Council deadlock continues, to meet again in Jan 16

The deadlock over the Goods and Services Tax (GST) continued with the Centre and states refusing to budge from their respective positions on issues like control of taxpayers and taxing high sea trade, a stalemate that threatens to delay the rollout till September.
●    The two-day meeting of the all-powerful GST Council, the 8th in a row, made little headway in brokering a solution even as non-BJP ruled states saw September as more likely deadline for the rollout of the indirect tax regime.
●    The next meeting of the GST Council, headed by Union Finance Minister Arun Jaitley and comprising state representatives, on January 16 would discuss the issue of jurisdiction over assessees as well as try to reach a finality on taxation of territorial waters.
●    Highest bracket is 28 per cent and of this how much will be the Centre and state’s share, nowhere in the law it defines and it seems to be taken for granted it is 50:50. 
●    Ever since the Independence in the Centre-state financial relation the imbalance has been growing wider and states’ rights have been curtailed.
●    That can be corrected by ensuring that state’s share in GST will be 60 per cent. Many states also supported this.