What has been rolled out is a mockery of GST, should’ve been delayed by 2 months: P Chidambaram

Stating that GST should have been delayed by two months, the senior Congress leader said the new tax regime should have undergone a dry run before implementation. Chidambaram has been one of the most vocal critics of the Goods and Services Tax, which was rolled out from July 1. 

By: Express Web Desk | New Delhi | Updated: July 6, 2017 6:29 pm
GST, P Chidambaram, GST Chidambaram, Chidambaram GST, Goods and Services Tax, GST news, GST latest news, Indian express Congress leader P Chidambaram. (File Photo)

Former finance minister and senior Congress leader P Chidambaram slammed the new tax regime on Thursday saying what has been rolled out is a mockery of GST. In a statement to the media, Chidambaram said: “Aim was that one indirect tax will subsume all other indirect taxes, this GST fails to achieve that. We demand that real estate, electricity and petroleum products be brought under GST.”

Stating that GST should have been delayed by two months, the senior Congress leader said the new tax regime should have undergone a dry run before implementation. Chidambaram has been one of the most vocal critics of the Goods and Services Tax, which was rolled out from July 1. “When we have rates like 0.25, 3, 5, 12, 18, 28 and 40, “When we have rates like 0.25, 3, 5, 12, 18, 28 and 40, and possibly more because of the discretion vested with state governments, how can we call this a ‘one nation, one tax’ regime?” he asked. Also Read: Chidambaram: Hastily implemented, GST will trigger inflation

Chidambaram said the Congress would continue to watch the roll-out of GST and articulate the fears and grievances of small and medium size and multi-state businesses and consumers. “We will keep vigil over the possible misuse of the draconian powers given to anti-profiteering authority. We will highlight the elements of the true GST.”

In fact, Chidambaram had only a few days back said that the GST will lead to inflation and asked what precautions the government has taken to contain that. He said the GST will put a heavy burden on the common man, as 80 per cent of all goods and services will bear higher taxes and prices. He even termed GST as a ‘bad legislation’, saying what has been implemented now is neither the real GST that the Congress had designed, nor is it the ideal GST devised by experts.

(With PTI inputs)

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  1. R
    Raj
    Jul 8, 2017 at 8:20 am
    Dear sir, all your points are very much valid. We would very much appreciate checks and balances in the way our country is being run. For this , we a need a strong opposition. An opposition that has the needs of the common Man and the society in general ,on their minds. As of now we have the Cong (I) that is corrupt to the core and a leadership that is a joke. I think your government had 10 years to implement what you thought was the "ideal" GST. Since you did not do that, I think you should accept whatever is the next best , improvise and keep moving. Stop trying to nit pick and do something constructive for the people of the nation. All the Congress leaders have enriched themselves over that last 7 decades in the name of doing good for the country. For a change do some good for the country. People will appreciate that. Your party has nurtured a goonda culture wherein all that one needs to enter politics is muscle power and people enter this profession for wrong reasons.
    Reply
    1. L
      Lakshmi Narayanan
      Jul 8, 2017 at 1:05 am
      A men made things are not perfect in the beginning and never it will be. India as it began wasnt perefect as any baby wpuld be nor will be perfect as and long since dead person. The only thing is which mattets is the directoon and speed. No reall growth is linear. Every curve or useful noise has undulations. Thus GST in itself may not be perfect to begin with or is it going to be in its unlikely perfect destination, so lets hope for less blood on the way ahead as there's definitely going to be painful (GST or not).... Jai Hind
      Reply
      1. S
        srinivasulu
        Jul 7, 2017 at 9:07 am
        Biggest mockery is the lopsided fiscal policies and n action against corrupt during UPA regime. Obviously who is to be faulted.
        Reply
        1. C
          Chander Pal
          Jul 7, 2017 at 6:00 am
          We were all along trusted him being a Harvard educated, good English and being a lawyer by professional. He has good English but his other two qualifications are of no use. While 80 of the goods and services are more or less in the same tax slab, don't know from where he is bringing his figures. Actually he is being ignored so he is taking a negative route to be in the news.
          Reply
          1. P
            Praful Vora
            Jul 7, 2017 at 3:35 am
            You and your FM STATE MINISTER did not suggest one tax and they refused one tax so don't complain now
            Reply
            1. P
              Praful Vora
              Jul 7, 2017 at 3:30 am
              Government is doing good but congress is obstructing the program and progress of the country
              Reply
              1. P
                Parag
                Jul 7, 2017 at 1:01 am
                Seems your child lost money in non aligning for gst Why don't you retire with the money you earned from Rajas and Gandhis
                Reply
                1. M
                  MyTake
                  Jul 7, 2017 at 12:59 am
                  Man who has lost ethics to talk should not talk!
                  Reply
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