Reat estate, liquor out of GST as influential people run them: Manish Sisodia

Sisodia also said the national capital will benefit after the GST is implemented.

By: PTI | New Delhi | Published:May 29, 2017 10:18 pm
manishj sisodia, gst, india news, indian express news The Deputy Chief Minister said there was still a lot of problems in the GST implementation, but not in its concept. (Representational Image)

Delhi Deputy Chief Minister Manish Sisodia on Monday raised concerns over real estate and liquor industry being left out of the the GST ambit and suggested it was done because they were being run by “influential people”. “Liquor and real estate lobbies have succeeded to intervene in the GST. Without any hesitation, I can say that these two sectors have been kept out of the GST because political leadership and influential people are conventionally indulged in real estate,” Sisodia said. He said many politicians “invest their black money” in real estate business. “We are the only one country in the world which has kept the land and liquor out of the GST ambit. Even a child knows black money is invested in real estate sector. “I also wrote to all finance ministers on this issue, but my opinion was actually rejected by Council meeting of GST,” Sisodia said.

Meanwhile, addressing MLAs on the premises of the Delhi Assembly on the GST, Chief Economic Advisor Arvind Subramanian said he completely agreed on the principle of bringing liquor and land under the GST and all states should come together to make it happen.

He also said Delhi’s revenue will increase as it is servicing and producing state.

Sisodia also said the national capital will benefit after the GST is implemented.

A senior government official said that as per rough estimate, there will be an increase of Rs 5,000 crore in tax collection by the city administration once the new tax regime is in place.

The Deputy Chief Minister said there was still a lot of problems in the GST implementation, but not in its concept.

On his part, the Chief Economic Advisor also supported the views of Delhi Assembly Speaker Ram Niwas Goel who expressed apprehension of “conspiracy” by keeping liquor and real estate sectors out of GST and said it will only lead to huge corruption in the country.

“There has been some improvement in real estate sector…you (states) have the power to change it. All state should come together. The power is with you, but I completely agree on this issue in-principle,” Subramanian said.

Subramanian said that due to implementation, the tax collection of states will be increased significantly as compliance rate will rise.

He also ruled out any burden on manufacturers due to the GST and said that there will be no increase in the existing tax rates.

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  1. B
    Jul 5, 2017 at 11:37 pm
    real estate has been taxed under GST 12 in regard to liquor every one know that states are not willing to go under GST even petroleum products are out of GST please AAP do not make noise for real estate Even corrupt congress is dong better than you Strict on honesty take a bold stand on all issue not on the issues which are promoted by media, to take the advantage of media issues BJP and Congress has much more expertise than you
    1. R
      May 31, 2017 at 4:37 am
      Jaitley works for the Ambanis and Adanis of India not for the common man. He will promote their views and make laws that benefit the their ilk. Middle cl and the poor be ed. That is BJP for you in a nutshell.
      1. R
        May 31, 2017 at 4:38 am
        cl equals to C-L-A-S-S AND be ed is for be D-A-M-N-E-D.
      2. S
        Sandeep sharma
        May 30, 2017 at 2:21 pm
        They see conspiracy in every thing and field. Are champion in throwing mud.
        1. R
          May 30, 2017 at 6:13 pm
          So why don't you tell, what can be the noble reason behind keeping Land an Liquor out of GST ?? They made demonetization to keep control on black money and most of the black money is in form of Black property (LAND). So why so great move ? is it a shield ? A w year ration of any house hold is one side and /procurement of smallest land piece another side. How can it be out of GST ?
          1. P
            May 31, 2017 at 2:27 pm
            People should understand that if we keep altering and suggesting changes then GST would never going to implement. It is very difficult to bring all states ruled by different political parties to one platform. The things suggested by Mr. Sisodia might not be agreed by JDU or TMC them whose fault is this? Atleast we can start with say 10 items and later moved with other items. Remember on how many items service tax was initially introduced. Mr. Sisodia himself not in favour of several things that should also come under GST like Petrol etc. I must say this party can blame any person for any reason and when you put any allegation on them, then it become opposition conspiracy. Wow what a double standard.