MADURAI: The next GST Council meeting will be held in Hyderabad in the first week of September to discuss on the latest representations, tax rates, requests received from across the country and to review the implementation progress.
“If any justified appeals are received from traders and business establishments, they will be addressed and hence there is nothing to worry….GST Council is meeting in Hyderabad September first week,” Mr.H.Raja, BJP National Secretary, said in Madurai on August 13th 2017(Sunday).
He reiterated that if there is justification in a demand to lower the tax rates, the GST Council will look in to it and the Council has powers to reduce, remove or increase the tax rates.
COMPENSATION TO STATES:
The ‘One Country One Market’ is ushering in an unified market from Kashmir to Kanyakumari because of the GST implementation.
“It has been made clear that loss of revenue to States will be compensated by the Central Government for five years. So there need not be any apprehensions in this regard for consumer States. And, for manufacturing States, the loss of revenue because of GST will be compensated for eight years,” the BJP senior leader had stressed.
He spoke at a meeting organised by Madurai North Indian Welfare Association in which a large number of Gujarat and Rajasthan traders took part.
Mr.Raja reassured the State governments that the 122nd Constitution Amendment said clearly about compensation to States (both manufacturing and consumer).
TRUCK DRIVERS HAPPY….
“The prices will come down starting from toothpaste to Innova car….But if you ask about petroleum products, the State governments did not accept for including them in the GST structure….Even then remember it is advantage India because of GST in the long run,” he added.
Truck drivers, lorry drivers etc are happy because the travel time came down since multiple check posts got dismantled due to GST and goods are reaching the destination point quickly.
Among those who attended the GST awareness / clarifications meeting were BJP Tamil Nadu State Secretary Prof.Dr.R.Srinivasan and Madurai urban district party president Mr.Saseeraman along with association members and BJP cadres of Madurai district.
