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June 2, 2021

Previous FM says RIP to GST

by CA Shivam Jaiswal in GST

Previous FM says RIP to GST

As per tweet of Previous FM P. Chidambaram has criticized the union government for converting the GST to a bad law, saying it was notified with horrendous rates of tax. As per today tweet, Chidambaram said, “GST started as a good idea, BJP converted it into a bad law. It was notified with horrendous rates of tax.” He said the law was applied as though tax-collecting officers were hounds hunting foxes and every businessperson was suspected to be a tax evader, the GST Council was reduced to a talking shop.

Below are the ten point he mention in his tweet

  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

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