Overcoming a press conference about the five years of GST, former Minister of Finance P. Chidambaram and Head of Spokesperson Congress Jairam Ramesh accused that because “GST is wrong”, the economy has suffered and replaced six plates, there should be only one.
Chidambaram said: “GST celebrates his 5th birthday. Nobody is really celebrating. GST has a serious birth defect. In the last five years, this defect only became worse and all that was touched by GST had been seriously injured. More than ordinary people who consume goods and services and pay exorbitant taxes without knowing why the government has charged the tax burden that destroyed them. “
He said that the congress wanted to clarify that the GST that was in force today was not GST imagined by the UPA government.”The GST that we have today is a complex net of many tariffs, conditions, exceptions and exceptions that will leave even information taxpayers that are truly confused. Not all registered dealers are taxpayers who are informed, as a result, they are below The power is a tax collector, “he said.
Chidambaram noted that there were six rates – 0.25, 3, 5, 12, 18, and 28 percent, whereas, there were goods without value and excluded. “Every tweak tax rate is another knife twist in a deep wound from a small business.””After 5 years of GST, there is no rationalization in the amount of return to be submitted. The law is very damaged, so the government has been forced to issue hundreds of executive directions. In five years, the government has issued 869 notifications, 143 circulars and 38 orders! That is a change every second day! This is a disabled, damaged and unstable GST.
“Disabled GST has caused a massive destruction of MSMEs, a sector that contributes up to 90 percent of work in the manufacturing sector. The only beneficiary of the disabled GST is a large business, a rental accountant and tax lawyer. The cost has far exceeded profits , “he added.The party said that rejecting GST at this time and, as promised in the manifesto of its election in 2019, will work towards the current GST replacement by GST 2.0 which will be the sole, low level.
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