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The VAT refund system for tourists is exclusively operated in the UAE by Planet Payment.
When former finance minister TM Thomas Isaac put the combined revenue from liquor and lottery at 13% of state's revenue receipts, he included central transfers too.
States are being compensated for the revenue shortfall resulting from subsuming their taxes such as VAT in the uniform national tax GST.
In 16 days, petrol price has been hiked by Rs 8.3 per litre and diesel by Rs 9.46 - a record increase in rates of the fuel in any fortnight since pricing was deregulated in April 2002.
A hapless victim, a woman from Erumapatti in Wadakkancherry in Kerala, recently filed a police complaint saying her name was being used to create a GST registration.
The traders demanded withdrawal of the penalties for dues from year 2011, amounting to lakhs of rupees to each trader.
As there was no option to specifically enter the details on export, tax exemption deals, and interstate business, the software gave misleading figures.
In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year.
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