This story is from July 10, 2018
One GST rate a ridiculous suggestion: Piyush Goyal
KOLKATA: Officiating finance minister Piyush Goyal on Monday said the demand for a single rate in Goods and Services Tax (GST) was a "ridiculous suggestion..."
"There is a set of people who made ridiculous suggestion that there should be one rate of GST. It amazes me when the demand of
According to him, a single GST rate of 18 per cent would put burden on poor and middle class of the country as they would be required to pay high taxes on items of daily use.
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"There is a set of people who made ridiculous suggestion that there should be one rate of GST. It amazes me when the demand of
single GST rate
was raised," he said.Top Comment
Varun Mittal
2316 days ago
Can some one explain why tax on Gold and Diamond less than 5%. Are they essential. A normal citizen just buys gold jewellery of less than 5lakh in his lifetime. But he buys 5lakh car every 10year. Then heavy turnover in jewellery business can not be the base of lower tax... Any body listening, please give a counter argument..!Read allPost comment
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