GST is an attempt to progress towards an online: Arun Jaitley

  • GST is an attempt to progress towards an online: Arun Jaitley
09-07-2017 | Pratidin Bureau. |

Finance Minister Arun Jaitley today said, through the newly started Goods and Services Tax (GST), attempt is to progress towards an online, transparent system of assessments, to improve the compliance of taxpayers.

Jaitley said, addressing a workshop on GST organised by Chhattisgarh government in Raipur that GST will improve people’s enthusiasm in compliance by minimising interference and corruption in the system.

The Finance Minister said, India had never been integrated in economic terms before GST. He also said, over time, around 17 indirect taxes and 23 cesses were created in India. With multiple indirect taxes; interfaces and procedures multiplied, complications and thereby corruption also increased, he added.

The Finance minister criticized people advocating single rate of GST for all goods and services, saying that they did not have understanding of economic inequality in India.

Tags : GST Arun Jaitley Finance Minister


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