
As the Central government rolled out the Goods and Services Tax (GST) from midnight on Saturday, there has been a lot of buzz across social media platforms. As confusion prevailed, Twitter was flooded with memes and jokes, as people tried their best to understand the new taxation. Prime Minister Narendra Modi has called the Goods and Services Tax (GST) a “Good and Simple Tax”, however, to common people there is nothing simple about it.
While people are far from getting used to the various slabs under the GST and get their heads straight about which items will be taxed under which bracket, enthusiasm seems to be quite high. Soon after midnight, people have been posting photos of their first bill under GST and expressing an opinion about the significant tax reform. While some remain confused still, others are happy they don’t have to pay a series of additional charges with every item purchased.
Sample these.
https://twitter.com/SJambekar/status/881146163298283521
https://twitter.com/aabhiyam/status/881160569834749952
https://twitter.com/lawyerraushan/status/881099526328668161
https://twitter.com/ravi_pro/status/881146461601148928
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. The GST will now pave the way for achieving One Nation – One Tax – One Market goal.