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Chidambaram calls BJP's 8 tax rates under GST 'stupid'

  •   Fri, Dec 21 2018 11:47:54 AM

New Delhi, Dec 21 (IANS): Senior Congress leader P. Chidambaram on Friday termed the BJP government's eight tax rates under the Goods and Services Tax (GST) regime "stupid idea" saying "filing GST returns has been a nightmare".

"The stupid idea was the BJP's idea of having eight rates when GST was first implemented in July 2017," the former Finance Minister tweeted.

"If the GST Council will discuss tomorrow 'Ease of filing returns', is that an admission that filing returns has not been easy in the last 18 months?

"The truth is filing GST returns has been a nightmare," Chidambaram said.

"When the Congress President (Rahul Gandhi) said -- as I have said -- GST should be a single rate, it means that the standard rate of GST should be a single rate. That's absolutely correct.

"As (former Chief Economic Adviser) Arvind Subramanian's RNR (Revenue Neutral Rate) report pointed out, when there is a standard rate there will also be a standard-minus rate and a standard-plus rate. That's elementary, not stupid," he added.

Prime Minister Narendra 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

  • vasu, Mangalore

    Fri, Dec 21 2018

    Mr Chidambaram ,GST became a reality after 60 odd years ,thanks to the BJP.

    No body was sure if the revenue would kind of drop or increase, so a bit of trial and error method was followed .The next step is to bring in rates which are simple to understand and where returns are easy to file. When such a big revolution in the tax regime is implemented there is bound to be teething problems in the first 5 years.Let us give them another 5 years .You had your 60 years.

    Reply Report Abuse

  • kumara, ABU DHABI

    Fri, Dec 21 2018

    if bail and chor chiddu tells its stupid then modiji is on the right path....no need to worry

    Reply Report Abuse

  • Rolf, Dubai

    Fri, Dec 21 2018

    There is press confernce from sharn pumpwell regarding GST.

    Reply Report Abuse

  • Krishna godse, India

    Fri, Dec 21 2018

    Before election under 18% after election over 30% Never trust bjp. They are born liers antinational people

    Reply Report Abuse


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