Stating that there were enough number of days left during the current monsoon session of Parliament to approve the constitutional amendment bill, senior Congress leader and former Finance Minister P Chidambaram said if the government is "clever" it can come up with a formulation to keep GST rate stable that is acceptable.
"We are not opposed to the GST. Please make a distinction between what is idea of GST and particular GST bill which is before Parliament today. We are the authors of GST idea, we are authors of GST bill. Therefore, we are entirely in favour of GST. I would have passed this if BJP had supported it in 2012-13," he told Karan Thapar on India Today news channel.
If the government disagreed with the formulation, it can come up with a different formulation, he said.
"There are various ways to reach a point... There are various ways of doing it... I think you must understand why we want certain degree of certainty about rate. GST is an indirect tax (and) by definition it is a regressive tax.
"We don't want that rate to be fiddled around by executive orders. We need a certain degree of certainity... If the government is clever then it can come up with any formulation that is acceptable... Provided it (rate GST) is not changeable at the whim of executive order," he said.
On government mustering numbers by getting regional parties like TMC on board, he asked if such a crucial legislation should be passed on strength of numbers or strength of argument.
"I think bill of this nature, should be passed on strength of its contents. The bill is flawed that's why government is willing to make change," he said. "There are enough number of days to pass GST bill, if there is will then there is way.
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