The Supreme Court in an important judgement today said that the Central government and States will now have simultaneous powers to legislate on Goods and Service Tax (GST). A bench headed by Justice D.Y Chandrachud said that GST council will have to work in harmonious manner to for deriving a workable solution between Centre and States. The Court has however made it clear that GST council recommendation have persuasive value and are not binding on states. "States and Centre can equally...