Former Finance Minister P Chidambaram told reporters after meeting Congress President Sonia Gandhi that there is a lot of "misinformation" about the GST Bill and the stand of Congress.
"I have discussed the GST Bill with the Congress President and the Vice President. Let me make it clear. We have three major concerns with the present Bill. We have given our formulations on the three issues to the government. Government gave its views at the meeting called by the Prime Minister and attended by Mrs Sonia Gandhi and Dr Manmohan Singh.
Congress is opposed to the Goods and Services Tax Bill in its present form. It has demanded that a cap of 18 per cent should be put on GST and the rate should be entered in the Constitution Bill, dropping of a proposal to have a one per cent additional tax on inter-state movement of goods and has sought a redressal mechanism for resolving complaints of states.
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