I am still unable to understand what GST is, says Shivraj's minister Om Prakash Dhurve
With the Opposition targeting the Centre over the Goods and Service Tax (GST), Madhya Pradesh Food and Civil Supplies minister said that he has still not understood the new tax regime enforced on July 1 this year.
Om Prakash Dhurve remarked this at a discussion on noteban and GST on Wednesday, ahead of the crucial meeting of the GST Council scheduled to be held on Friday.
"I have still not understood the GST... therefore, I won't speak anything on this topic. Chartered Accountants, businessmen are not understanding GST (GST mai khud hi nahi samajh paa raha hoon, to iss sambandh mein nahi bolunga. Bade bade CA nahin samajh paa rahe hain, vyapari nahin samajh paa rahe hain), said Dhurve.
It's a matter of understanding. I will be satisfied when I understand it completely, he further added.
With top GST Council members including the Union Finance Minister Arun Jaitley and Bihar Deputy Chief Minister Sushil Kumar Modi indicating that the rates of some 200 daily-use items might be cut from 28 per cent to 18 per cent, the 23rd meeting is likely to witness the largest shake-up in GST rates since its rollout on July 1. [READ FULL REPORT HERE]
The Council, comprising state finance ministers, is also set to review the GST returns filing cycle and make it taxpayer friendly.