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Misunderstandings about GST are being spread: Arun Jaitley

He further said Jammu and Kashmir has also accepted the GST in the financial interests of the state

Press Trust of India  |  Ludhiana (Punjab) 

Arun Jaitley
Arun Jaitley

The Goods and Services (GST) is a very simple and several misunderstandings are being spread about this new taxation system, Union Finance Minister said today.

"is a very simple and those who follow the law will not be called to the office for assessment. For them, everything, including the return and the assessment orders will be made online," Jaitley said here today.

But, the minister made it clear that who tried to be "over clever" and tried to "circumvent the law" will face the music.

The union minister was addressing a rally after laying foundation stone for new office of the near Gill road grain market here today.

Just as strong rumours and misconceptions were spread when mobile phones were introduced in the market, several misunderstandings are being created about the GST, he added.

He further said Jammu and Kashmir has also accepted the in the financial interests of the state.

On terrorism, Jaitley said that the was the only party that openly condemned the terrorism, while there were some parties who did not mind using objectionable words against the Army that was fighting a battle on the front for security of the country.

"Whatever our ideologies may be, we must be together in fighting for the unity and integrity of the country," said the minister.

Earlier, he addressed a function in the Sat Pal Mittal School organised by the Bharti Foundation for its 'Satya Bharti Abhiyan'.

There he also met a joint delegation of Bharti Kisan Union (Rahnewale) and BKU (Lakhowal). Farmers' outfits were demanding roll back of on agriculture inputs and machinery.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Sat, July 15 2017. 22:10 IST