In a shocking incident, a Bharatiya Janata Party (BJP) Minister from Madhya Pradesh said that he has not been able to understand the Goods and Services Tax (GST) yet.
While addressing a gathering at a BJP event on the first anniversary of demonetisation, party Minister Om Prakash Dhurve said he is yet to understand GST.
His statement comes days after Prime Minister Narendra Modi exuded confidence over the GST that was rolled out in July 1.
"I am yet to understand GST so I won't speak about it. Even CAs and businessmen are facing problem in understanding it," said Dhurve.
The minister added: "Gradually people will understand and feel relaxed about the step that has been taken up by the government."
Meanwhile, the 23rd meeting of the GST council is scheduled to be held in Guwahati, Assam later in the day.
The GST Council meeting, chaired by Finance Minister Arun Jaitley, is likely to witness deliberations on a number of topics, including extended liberalisation given to small traders, rate cuts on air-conditioned restaurants from 18 to 12 percent, and the issue of 'benami' properties.
Since the implementation of GST, the tax brackets have been changed for over 100 items.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
