Here is a ten point guide to understand GST as explained by P. Chidambaram | Member of Parliament, RajyaSabha | Former Finance Minister, GoI on his Twitter Account:
1. GST started as a good idea
2. BJP converted it into a bad law
3. It was notified with horrendous rates of tax
4. The law was applied as though tax-collecting officers were hounds hunting foxes
5. Every businessperson was suspected to be a tax evader
6. The GST Council was reduced to a talking shop
7. The GST Implementation Committee (consisting of officers) became the tail that wagged the dog.
8. The FM treats the GoM as an extension of the NDA and its supporting parties
9. All FMs who express a contrary view are treated as errant schoolboys
10. The idea of GST: RIP
Read Reply to Above by Shri Anurag Thakur, Union Minister of State for Finance & Corporate Affairs : Only an Ostrich would deny V shaped graph – Anurag Thakur to Chidambaram
Yes, whatever said by hon’ble ex-pm is correct. GST was brought into effective without any proper discussion. This govt treats all tax payers are fraud.