"The GST is still in its initial phase. We are continuously studying and simplifying the difficulties faced by the trade and industry to maintain its real essence. The government is committed to make it a good and simple tax," the Union Minister of State for Finance told a gathering of tax officials and traders here.
He described the new tax regime as a "historic reform", which would connect the informal economy with the formal one.
He added that 40 ministers and officials were touring the country as per the direction of Prime Minister Narendra Modi to understand the practical problems under the new tax regime and take suggestions for its effective implementation.
The Union minister heard the grievances of marble traders, cloth merchants, handicrafts manufacturers and assured them that their issues would be taken up at the meeting of the GST council on priority.
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