GST was implemented with nod from all political parties, says Sitharaman

Congress taking undue credit for lowered GST rates: BJP

Congress taking undue credit for lowered GST rates: BJP

"Thanks to Gujarat elections, government forced to heed advice of opposition and experts on flaws in implementation of GST", Chidambaram added. The former finance minister said the step was being taken keeping the upcoming Gujarat elections in mind. "The merit of capping GST at 18% is now recognised", he said.

After a day-long GST council meeting with state finance minister in Guwahati, Mr Jaitley said that only 50 items will remain in the highest tax slab of 28 per cent, with 178 others moved to the 18 per cent bracket from November 15.

Calling it a victory for himself and the Congress, Chidambaram tweeted, "Congress is vindicated".

The senior Congress leader, now a Rajya Sabha MP from Maharashtra, said he and his party stood vindicated with the Friday's decision of the government to reduce GST rates of more than 150 products from 28 per cent to lower slabs after protests from various quarters.

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Responding to Chidambaram's allegations, Defence Minister Nirmala Sitharaman said GST was adopted taking all political parties into consideration and every change that has been made was done after looking into one's needs.

Ministers of Congress-ruled Punjab and Karnataka, Manpreet Singh Badal and Krishna Byre Gowda, had earlier this week announced that they would strongly seek corrections and relaxations in tax rates in the GST Council meeting.

"When GST rate is capped at 18%, this Govt would have learnt its lesson belatedly". "4 months and 10 days is the time taken for commonsense to germinate, flower and ripen into a fruit".

The RNR is a structure of different rates established in order to match the current revenue generation with revenue under GST.

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"This is a very, very imperfect GST".

Congress spokesperson Abhishek Singhvi, addressing a press conference, said the government had distorted the noble idea of GST by hastily implementing it.

Apart from it, the GST Council also reduced the tax rate on several items from 18 per cent to 12 per cent. "Call it your Indian indirect tax system, don't call it the GST", he said.

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