TIL Desk/National/New Delhi/ Indicating that further simplification of the Goods and Services Tax is on the anvil, Prime Minister Narendra Modi said his government wants to ensure that ’99 percent things’ attract sub-18 per cent GST slab.
Before implementation of the GST, registered enterprises only numbered 65 lakh, which has now risen by 55 lakh, Modi said, addressing the Republic Summit here.
“Today,the GST system has been established to a large extent and we are working towards a position where 99 per cent things will attract the sub-18 per cent GST slab,” Modi said. Modi indicated that the 28 per cent slab of GST would only be restricted to a few select items, such as luxury goods.
The Prime Minister said the effort will be to ensure that 99 per cent of all items,including almost all items used by the common man, would be kept at a GST slab of 18 per cent or less. “We are of the opinion of making GST as smooth as possible for the enterprises,” he said.
