Business Economy 26 Jun 2017 GST is a simple tax ...

GST is a simple tax system: Goa CM Manohar Parrikar

PTI
Published Jun 26, 2017, 5:27 pm IST
Updated Jun 26, 2017, 5:28 pm IST
Parrikar said there is no need to worry as the government will not treat anyone harshly under GST.
Goa Chief Minister Manohar Parrikar.
 Goa Chief Minister Manohar Parrikar.

Panaji: Goa Chief Minister Manohar Parrikar today said GST is a simple tax system and the prevailing confusion around it is because for the first time such a sweeping reform is being carried out in the country.

He said confusion around GST would continue for 2-3 months but the Goa government has put in place robust mechanisms to ensure smooth migration to the new indirect tax regime which will come into force from July 1. "When any new thing is introduced, there is bound to have confusion for a few days. There is no need to get confused. GST is very simple. Today we have multiple taxes. GST will get all these taxes converted into one and there will be no room for confusion," Parrikar told reporters here.

 

The chief minister said there is a lack of adequate information about the new tax regime, but all details will be soon be available in public domain. "It may take 2-3 months for people to understand (GST). But the Goa government is ready to implement GST," he added.

Parrikar said "no one needs to be worried as the government will ensure no one is treated harshly”. "We are creating support systems (for smooth transition to GST)," he stated.

The chief minister said the general consumer would benefit from GST as it will bring down prices of a slew of commodities.

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