GST Bill and the Congress Betrayal Facts

GST Bill
GST Bill

GST Bill has been expertly exploited by the Congress to derail the parliamentary proceeding. This issue has been an old time favorite in media and surprisingly has failed to generate much concern in public.

  • GST was first identified by the NDA government in year 2000. An Empowered Committee led by Mr Asim Dasgupta was  formed to design the GST model and the IT back-end requirements.
  • Year 2006/7’s budget speech UPA’s finance minister Mr Chidambaram announced that GST will be implemented from 1st April 2010
  • March 2011 the 115th constitutional amendment bill was introduced in Lok Sabha. It was hand balled to the Standing Committee on finance who presented the bill to Lok Sabha in Aug-2013.
  • BJP who took an initiative on GST while previous Congress and UPA governments were busy reaching new high in scams.
  • But it was shown as, GST was a disputed by BJP when introduced by UPA  in 2011 and now is being  opposed by Congress therefore it is dangling in Rajya Sabha
  • States like Bihar, Gujarat, Haryana, Jharkhand, Maharashtra, Rajasthan and Tamil Nadu feel that since Central Government has retained the power to tax, tobacco and tobacco products.
  • States namely Andhra Pradesh, Assam, Karnataka, Jharkhand, Chhattisgarh, Uttar Pradesh and West Bengal are objecting to omitting Entry 55. Under Entry 55, tax is levied by the local bodies on the advertisements through hoardings etc.
  • In 2011 Haryana (Hooda), Assam (Gogoi),  Maharashtra (Chauhan), Rajasthan (Gehlot), Tamil Nadu (Jayalalitha), Kerala (Chandy), West Bengal (Banerjee) and many other states who opposed GST were not ruled by BJP.
  • GST will replace most state and central taxes like Service tax, Central excise duty, VAT, Sales tax, Luxury tax, State and central surcharges and many more.
  • GST will help to purge the complexity, bureaucracy and confusing demarcations in current tax system.
  • GST will abolish cascading of tax.  Cascading of tax denotes ‘tax on tax’.

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