GST rollout live updates: How people are waking up to unified tax measure

GST rollout: Apart from ensuring better compliance, the reform measure will replace a bunch of central and state levies with two taxes - Central GST and state GST. The Prime Minister said the new tax reform will not create problems for the common people.

By: Express Web Desk | New Delhi | Updated: July 1, 2017 8:09 pm
GST rollout, GST rollout india, GST launch, GST bill, what is GST, GST india, goods and service tax, narendra modi GST rollout: An illuminated Parliament ahead of midnight launch of ‘Goods and Services Tax (GST)’ in New Delhi on Saturday. (PTI Photo by Manvender Vashist)

The landmark Goods and Services Tax, one of the sweeping taxation reforms since Independence, was rolled out at midnight on Saturday in a special midnight session in the central Hall of Parliament. Prime Minister Narendra Modi said GST will be “not only a tax reform but an economic and social reform as well” that will unify the nation, “check corruption and end harassment at hands of officers”.

The GST will now pave the way for achieving One Nation – One Tax – One Market goal. Apart from ensuring better compliance, the reform measure will replace a bunch of central and state levies with two taxes – Central GST and state GST. The Prime Minister said the new tax reform will not create problems for the common people. He said its implementation will help in cutting down corruption and eliminating black money from the economy.

“This system is going to be most relevant for the poor,” PM Modi said.

LIVE UPDATES

7:45 pm: Odisha Chief Minister Naveen Patnaik offers congratulations on the GST rollout.

6:35: pm: Writer Shobhaa Dey shares a picture of a restaurant bill

5:00 pm: Cartoon by Mika

mika cartoon, gst, one tax one nation, indian express

4:15: pm: Former Cabinet Minister Subramanian Swamy is ecstatic that the price of some food items might be coming down with GST implementation

3:35 pm: Union Cabinet Minister Ananth Kumar shared a purchase bill from a book store exemplifying a smooth GST rollout.

2:15 pm: Union Minister Dharmendra Pradhan shared a bill of a restaurant to show that GST has begun to be implemented.

2:10 pm: Tata Motors-owned Jaguar Land Rover today reduced prices of its entire vehicle range in India on an average by 7 per cent to pass on benefit of reduced tax incidence under GST.

2:05 pm: Hyundai Motor India Ltd Director Sales and Marketing Rakesh Srivastava said, “In a challenging market fuelled with speculations on the GST tax structure, Hyundai registered highest-ever half-year domestic sales on account of strong acceptance brands Grand i10, Elite i20 and Creta in pre-GST business environment.”

2:00 pm: Kerala Chief Minister Pinarayi Vijayan has said that the midnight launch event was ‘not in good taste.’

“Midnight celebration??? We still need to conduct many ‘DAY-LONG’ public awareness campaigns about #GST, simplifying it for common public and address doubts of small traders,” he said.

1:45 pm: Shops and establishments across Jammu and Kashmir are shut protesting the launch of GST. Remember, the state is the only one in the country that has not yet passed the GST bills in Assembly.

1:00 pm: Across NCR, most shops are still offering 50 per cent discounts. As computers are being configured according to the new GST rates, bill books are used extensively.

12:30 pm: Congress MP Sushmita Dev talks about the GST rates on sanitary napkins.

12 noon: Same BJP when in opposition had protested against the #GST tooth and nail. No one can deny this fact, says Chidambaram

11:50 am: It is not the original GST that experts had drafted earlier, this will seriously impact inflation, says P Chidambaram

11:10 am: Where Jay Panda was last night.

11:00 am: Congress leader P Chidambaram said he will address the media about GST at 11:30 am today.

10:20 am: What are the GST rates on items used in most households? You can check here.

10:10 am: Sadhguru Jaggi Vasudev reacts to the tax measure.

mika cartoon, gst, one tax one nation, indian express Cartoon by Mika

10 am: The Prime Minister is sharing a bunch of videos on Twitter explaining how the tax reform measure will be good for the country.

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  1. M
    manian
    Jul 1, 2017 at 8:09 pm
    THe GST in final form has been finalised by finance ministers from 29 states 7 union territories.So it really reflects the collective wisdom of the whole nation.It is not Modi's GST.It is funny to see politicians especially congress finding fault.May be they are jealous of Modi who has stolen the limelight.For congress none but them should get any credit.
    Reply
    1. S
      S.Kumar
      Jul 1, 2017 at 7:51 pm
      GST implementation should be revenue neutral for the govt. The extra tax collected should be used to reduce taxes. Otherwise it should be seen as a measure to squeeze more taxes from the public. For getting the same bad roads and the same bad governance and no improvement in ease of doing business. Corruption and harassment continues in all govt departments !
      Reply
      1. D
        DILIP
        Jul 1, 2017 at 6:32 pm
        MODI WITH HIS VISION WILL TRANSFORM OLD AND CORRUPT INDIA INTO A NEW AND ASPIRATIONAL INDIA. AFTER SUCCESSFUL IMPLEMENTATION OF DEMONETISATION COMES ALONG THE GST. THESE TWO REFORMS WILL PROJECT INDIA'S FULL SOCIAL AND ECONOMIC POTENTIALS AND WILL GENERATE MILLIONS OF JOBS IN ADDITION TO THE MILLIONS ALREADY GENERATED, WHICH THE CHOR AND INCOMPETENT GON GITS AND THEIR AGENTS HAD NEVER ACHIEVED THROUGH MISGOVERNANCE AND CORRUPTION. MODI'S JUGGERNAUT IS ON THE MOVE, EVEN TRUMP GOT MESMERISED WITH HIS VISION AND CHARM. INDIA AND USA WILL SOON BE EQUAL STRATEGIC PARTNERS MUCH TO THE DISMAY OF THE KUTTAS AND WARD WAPSI SICKULAR BRIGADE. I KNOW THIS BECAUSE I WAS AT D.C. DURING THE VISIT. PSEUDOS KEEP TOSSING NOW.
        Reply
        1. V
          Vijay Kaul
          Jul 2, 2017 at 3:01 am
          Why has BJP been rated as the most Corrupt party in the World by an independent watchdog. From where are you getting money for the massive election campaigns.Don't tell me the RSS funds it by donations from its volunteers. Why is Yedurappa and Reddy in the forefront in Karnataka,haven't they been involved in Mining scam.
          Reply
          1. G
            George Cruz
            Jul 2, 2017 at 11:44 pm
            Total non sense. The US business world have shown total confidence in the ever fast growing Indian economy and the US defense organizations, high tech companies like the CISCO, German solar companies, Amazon has already increased its investment in India by 5 billion dollars and overall all these foreign businesses have already signed 80 billion dollars in Modi's "make in India concept. Yes, the congress party has many scams and corruptions as their achievement.
        2. D
          DILIP
          Jul 1, 2017 at 6:23 pm
          Pseudo feku intellectuals, Award Wapsi butt h0les and sickular rabid kuttas are so upset and jealous of the successful implementation of GST which will be a game changer in the long run are so rattled that they are frothing in their Pich wafdaas. As to that wind bag CH00T BRUM his ranting is of no relevance as the buffoon has as much intelligence and rational as my dog's d11 ck. Pseudos wallow in your own pitiful .
          Reply
          1. A
            ASHOK
            Jul 1, 2017 at 4:54 pm
            Other than" Gau rakshak" and "Romeo gang" this RSS don't have any scheme which they can claim to be theirs.
            Reply
            1. R
              Rushil
              Jul 1, 2017 at 4:15 pm
              Why is Chidambaram being given even a little bit importance ? He is a goon who should be expelled from politics let alone congress. Incompetent and corrupt why is the congress still keeping him ? So Rahul Gandhi will shut respectable individuals like Manmohan Singh but allow ppl like Chidambaram and Kapil Sibal to talk ? Sad
              Reply
              1. V
                Vijayan
                Jul 1, 2017 at 3:10 pm
                All resources in UPA was scam, 2g,coal,cwg,military supplies, mnrega,, many more not revealed. NDA is open, 3 years no scams . PC eyes are lieing. Dig vij , PC started Hindu terror, ISI used this for Mumbai attacks, JK terror, wasting 80000 crores for defence that can reduce taxes, or building irrigation canals all over India. Wake up to less corrupted future. NDA need to be praised. Even terror account are being searched. Smuggling, tax evasion, loots will reduce.
                Reply
                1. V
                  Vijay Kaul
                  Jul 2, 2017 at 2:57 am
                  Why don't you concentrate on getting occupied Kashmir back from Pakistan and Parts of Ladakh and North East from China. The World can recognize India as a Super power only if insteps being defensive and getting its soldiers killed. GST is nothing great, the Middle and upper middle will pay 3 to 5 more on every item. Corseting cheaper while Detergent and Face cream gets costlier, what a mockery of rates.
                  Reply
                2. A
                  Ash
                  Jul 1, 2017 at 2:25 pm
                  Demonetisation was supposed to end black money and cause huge losses to those holding black money.Fact:the poor were queuing in lines for days to exchange the few thousand they held in cash.The rich( holders of black cash) had already decided ways to convert the black to white.Middlemen popped up who were willing to convert black to white for a commission.Demonetisation was supposed to be a bold step and a lot of other things which never materialised.Is GST going to cause same disruption because govt didn't do its homework well and rushed through on a patch up GST.At any rate there really is no cause for celebration as quite a few trade bodies have gone on strike.Frankly even the big Corporates are not really sure of impact and how details will work out.But they are happy to give the sound bytes as Reqd by govt.I mean there are still a few in top financial positions claiming demonetisation was a success. Authoritarian Govts tend to go overboard on self propoganda and don't stop .
                  Reply
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