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Modi government's plans on GST belated wisdom, says Chidambaram

  •   Wed, Dec 19 2018 10:34:17 PM

New Delhi, Dec 19 (IANS): Congress leader P. Chidambaram on Wednesday termed as "belated wisdom" Prime Minister Narendra Modis remarks that 99 per cent goods would be at 18 per cent GST and said that the ruling BJPs governance mantra is 'leap before you look.'

In a series of tweets, the former finance minister said the government had scrambled the egg needlessly when GST was introduced and was now trying to unscramble it,

He said GST should have been implemented with 18 per cent as standard rate.

"Government says 99 per cent of goods will be at 18 per cent GST. Belated wisdom. We should have started with 18 per cent as the standard rate. Having scrambled the egg needlessly when GST was introduced, government is trying to unscramble it! Typical of NDA.

"BJP/NDA governance mantra is 'leap before you look'. Which is the reason for the damage caused by GST to businesses, especially MSMEs," he said.

Modi had said at an event in Mumbai on Tuesday that the government was aiming to bring 99 per cent of items below the 18 per cent GST slab.
  

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Comment on this article

  • Kiran, mangalore

    Thu, Dec 20 2018

    The government informed Parliament on Wednesday that Vijay Mallya, Nirav Modi, Mehul Choksi, Nitin and Chetan Sandesara,lalit Modia and European middlemen Guido Ralph Haschke and Carlo Gerosa are among 58 economic offenders living abroad who are being pursued through look out circulars (LoCs),

    Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Dec 20 2018

    18% GST on Mediclaim for Senior Citizens is Stupidity ...

    Reply Report Abuse

  • steven, dxb

    Thu, Dec 20 2018

    f
    First Chai than later Pakkoda but now chai with pakkoda!! Gujju style GST

    Reply Report Abuse

  • Valerian Menezes, Kota

    Wed, Dec 19 2018

    Even 18% is too high. The main slab should be 15% and 99% goods should be in this slab. Luxury goods can be in 18% slab. There should be a lower slab of 10%. But the govt set the cart before horse and now reversing - but too slowly.

    Reply Report Abuse

  • Vasu, Mangalore

    Thu, Dec 20 2018

    Mr Chidambaram did not have the wisdom to implement GST.

    Reply Report Abuse


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Title: Modi government's plans on GST belated wisdom, says Chidambaram



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