Finance Minister Arun Jaitley has rejected the Congress’ claim that it forced the government to lower the tax on over 200 goods. Mr Jaitley said in New Delhi that the rationalisation of rates was a 3-4 month exercise and Goods and Services Tax (GST) Council made the decision on the recommendation of a Fitment Committee. He said, it is juvenile politics to link it to any election or political demand.
Rejecting Congress Vice President Rahul Gandhi’s demand for a single rate of tax, Mr Jaitley said, there is scope for further rationalisation, but the course will be decided by revenues that accrue from GST.
Explaining the rationale for the rationalisation in rates, the Minister said, the principle objective is that the transition has to be smooth and not abrupt.
BJP accuses Congress of doublespeak on GST
BJP has accused the Congress of doublespeak on GST saying the opposition party is criticizing the tax despite being part of all the deliberations before the legislation was enacted.
Talking to reporters in New Delhi, Union Minister Prakash Javadekar alleged that the Congress is criticizing the new indirect tax regime in an attempt to take political advantage.
He said the Congress ruled state Finance Ministers had unanimously supported the GST legislations.