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Single GST rate slab ridiculous suggestion: Piyush Goyal

Press Trust of India  |  Kolkata 

Piyush today said that the proposal of some political parties for a single GST rate slab was a "ridiculous suggestion".

Some political outfits had been clamouring for doing away with the four-slab (GST) rate structure and the had promised to reduce it to one slab if voted to power in 2019.

"One rate of tax is a ridiculous suggestion. It would be a burden on the poor and the middle class if items of daily use like salt, sugar and clothes were taxed at 18 per cent," said at an event here.

He said that the past Congress-led had proposed a 18 per cent single GST slab looking at the tax collections and concessions given to the poor.

"The rate proposed earlier would have not been accepted. Also, the GST structure would have not worked," Goyal, who also holds charges of coal, railways and corporate affairs ministries, said.

has been looking after the owing to Arun Jaitley's indisposition.

"How is it that and aircraft becoming cheaper by a single rate. This would have been the worst form of governance," he said.

However, Goyal said rates of 328 items out of a total of 1,200 had been reduced after the implementation of GST in July last year.

"What stops us from elimination of slabs or further reduction in rates on more items is if all the taxpayers pay their taxes," he asked.

could really be a low tax nation, he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 09 2018. 16:20 IST