Published: Mon, November 13, 2017
Global News | By Stacy Ballard

GST rollback due to Guj polls: Chidambaram

GST rollback due to Guj polls: Chidambaram

"Thank you Gujarat. Your elections did what Parliament and common sense could not do", the former finance minister tweeted.

Addressing the media after the Council Meet in Guwahati, Finance Minister Jaitley said that 178 items have been moved from 28 per cent slab to the 18 per cent GST bracket. "I am vindicated. The merit of capping GST at 18% is now recognised". "The Congress party's finance ministers had no specific role in decisions made, as Chidambaram has fraudulently claimed today", he added.

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On the other hand, Assam finance minister Himanta Biswa Sarma said that, the Assam government has chose to introduce a chapter of GST in the textbooks of higher secondary level. "They can not break the back of the small and medium businesses, crush the informal sector and destroy millions of jobs", Congress vice president Rahul Gandhi had tweeted before the GST council meet.

"When GST rate is capped at 18%, this Govt would have learnt its lesson belatedly", P Chidamabaram tweeted, referring to the GST Council cutting the number of items attracting the top 28 per cent tax rate to just 50 from 228 previously. "Hinting that the BJP government has timed the GST review with an eye on next month's crucial elections in Gujarat where small traders are upset over the new tax, Mr Chidambaram said ".Your (Gujarat) elections did what Parliament and common sense could not do".

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Congress spokesperson Abhishek Singhvi, addressing a press conference, said the government had distorted the noble idea of GST by hastily implementing it. He had also taken a dig at the BJP leadership alleging that the decision to bring down rates was keeping the Gujarat elections in mind.

The Congress party, which lampooned the Finance Ministry for taking four months to cut rates of Goods and Services Tax, has now set its sights on pushing for one slab.

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"The decision of lowering the GST rates have been worked out at the highest levels in the government at the instance of the PM who is monitoring GST's rollout continuously". We are ready if there is need for any change in the GST, like the Centre did in yesterday's GST Council meeting. "This is typical of the Congress's pettiness and pusillanimity".

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