Delhi-NCR, India, State

‘Panic-Stricken’ centre will change GST rates, says P Chidambaram

'Panic-Stricken' centre will change GST rates, says P Chidambaram

TIL Desk/National/New Delhi/ Former Union Finance Minister of the Congress P Chidambaram has said a “shower of changes” is expected from the GST Council meeting in Guwahati and the “panic-stricken” Modi government has no option but to change the new tax rates. The high-powered committee headed by Union Finance Minister Arun Jaitley is meeting in the Assam’s capital to discuss Goods and Services Tax rates.

Mr Chidambaram said the government will be forced to heed the advice of the opposition and experts due to the Gujarat assembly elections next month. “Expect a shower of changes in GST rates from GST Council meeting. Panic-stricken govt has no option but to concede demands for change,” Mr Chidambaram tweeted.

He said the letter from the finance ministers of Congress-ruled states to Mr Jaitley will set the tone for discussions in the GST Council.  “Congress FMs (finance ministers) letter exposes the structural flaws in the design and implementation of GST. Government can no longer duck these issues,” he said.

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