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1-min read

As BJP Celebrates 'GST Day', Congress Comes Up With a New Full Form for Unified Tax

Taking to Twitter, Congress spokesperson Randeep Surjewala wrote: GST completes 1 Year at 12 O'Clock tonight(Saturday), it remains ‘Grossly Scary Tax' for millions of traders, shopkeepers & businessmen.

News18.com

Updated:July 1, 2018, 10:38 AM IST
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As BJP Celebrates 'GST Day', Congress Comes Up With a New Full Form for Unified Tax
File photo of Congress chief spokesman Randeep Singh Surjewala.
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New Delhi: As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.

The party also said multiple returns, multiple rules and multiple tax slabs have made life of an ordinary trader "nightmarish".

"GST completes 1 Year at 12 O'Clock tonight, it remains ‘Grossly Scary Tax' for millions of traders, shopkeepers & businessmen. No wonder GST's more popular description is ‘Gabbar Singh Tax' than ‘Genuine and Simple Tax' that it was meant to be," said Congress spokesperson Randeep Singh Surjewala on Twitter.

"A 'Single Tax GST', as promised, remains a ‘pipe dream'. Multiple returns, multiple rules and multiple tax slabs have made the life of an ordinary trader nightmarish," he added.

Surjewala said: "To determine GST itself is frightening. Steps- 1) Every taxpayer has to search a ‘Code Book' running into 438 pages with 18,036 categories 2. Out of 7 tax slabs, applicable slab has to be found 3. Add all state cesses 4. Add supply chain incentives 5. Calculate GST."

"Even after one year, only GSTR-1 form exists. Government failed to notify GSTR-2 and GSTR-3. Till that happens, bills won't match and refund would remain a nightmare.

"Also, GSTR-3B is a temporary form. How can government continue to stretch it at all?" he asked.

The Congress leader also said: "Out of 111 lakh registered businesses under GST, not more then 50 per cent have been able to file GST returns."

"Ambiguity, complication, deficiency of IT infrastructure remains a major challenge. GST collections remain at an average of 90K crore against the target of 1.25K crore per month," he tweeted.

(With inputs from IANS)

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| Edited by: Huma Tabassum
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