Narendra Modi's Gujarat state's doorstep in the state's doorstep
Despite the opposition's demand for so long, the indifferent government of Gujarat, in spite of the anger of the people of Gujarat, proved that the GST rate was actually poured. In the case of 228 GSTs of 228 products, the rate of tax has been reduced to 18% for 178 days.
The remaining 50 products will still be able to press 28 percent tax, except for cement and color products, everything else is luxury, expensive consumer goods or harmful to the body
Products. To reduce the cost of restaurant consumption, the GST rate is only 5 percent.
Opponents complained, all of them looking at Gujarat. Congress leader P Chidambaram's comment on Twitter, 'Thank you Gujarat. The parliamentary or general intelligence did not do that, you voted for it. "The finance minister, Arun Jaitley, commented on the allegations of the opponents," If it is good for the people of India in the elections of Gujarat, then it is good. "The Prime Minister also said, "The decision of the GST Council will be more beneficial for the people."
The opponents, however, did not try to claim credit. West Bengal Finance Minister Amit Mitra said, "I wrote a letter and told the central finance minister to reduce the GST to 18% in all other cases except consumer products or impoverished products." The Finance Minister of the Congress has claimed that the victory of the council is their victory.
It is a matter of concern outside politics that the tax reduction in the number of such products together reduces the revenue earnings of around Tk 20,000 crore. After the launch of GST after the launch of GST gradually reduced. On top of it, the facility of paying taxes at a fixed rate in small business has also reduced the tax rate from 2% to 1% for manufacturers like the composition scheme. The future will be increased from 1 crore to 1.5 crore taka. It can cause revenue loss of more than Tk 10 billion. Jaitley argues, "The tax rate will decrease in the amount of taxes to be met."
There is no consensus on the 'Composition Scheme' to send merchandise to other states. However, it has been decided to reduce the complexity of the tax return file. All of them have to submit the GST return number 1 and 3b only. In that case, the question of how to calculate the reimbursement of the sale of raw materials and the purchase of raw materials, will be calculated.