The GST is working perfectly fine. The citizens are happy. The money is pouring into the treasury. A New India is dawning. Except, this from just now:
The GST Council today decided to keep only 50 items, mostly demerit, sin and luxury goods in top 28 per cent tax bracket. “Lower 18 per cent GST will be levied on chewing gums, chocolates, after shave, deodorant, washing power, detergent, marble,” Bihar Deputy Chief Minister Sushil Modi said. The all-powerful council pruned the list of items attracting the top 28 per cent tax rate to just 50 from 227 previously, Modi told reporters here. In effect, the council cut rates on 177 goods.
Why does the “well thought out” GST law require revisions at almost the rate of one per day? And while we are on questions, how does this change the financial projects of the ministry?
Now waiting for the official spin, about how this is a sign of a “responsive government” that listens to its people.
