Manmohan Singh introduced GST reform, says Congress

PORVORIM: While supporting the Goa Goods and Service Tax (GST) bill, 2017, Congress MLAs gave credit to former Prime Minister Manmohan Singh for getting GST bill.

During the discussion on GST bill, Navelim MLA Luizinho Faleiro said he support the iconic economic reform by the government of India. “In fact, in the 2006-2007 budget, this reform was introduced by the UPA government led by Singh and the main objective is to cut inflation and provide benefit to the common man,” he said.

He also said that the reform should have been passed 10 years ago, but the then NDA, for their own political reasons, rejected it. “The reforms could have earned the state Rs 20 lakh crore,” he added

Poriem MLA Pratapsingh Rane said that there are around 176 sections to the GST bill and “I doubt members have read it”.

He added that one clause surprises him which gives unlimited powers to any officer to enter premises and search if they suspect anything improper.

Ponda MLA Ravi Naik asked what would happened to entertainment tax collected from casinos once GST is implemented. Chief minister Manohar Parrikar replied that Naik is concerned about entertainment tax as Naik gave the most licences during his tenure as home minister.

http://timesofindia.indiatimes.com/city/goa/manmohan-singh-introduced-gst-reform-says-congress/articleshow/58601412.cms

Author: Microvista-Team

Microvista Technologies is a top-notch financial software development company based in Ahmedabad, Gujarat, India. Our area of expertise is in delivering solutions for diverse financial services, which include GST products, XBRL products, e-Invoicing, e-Way Bill, PowerSigner, GST API, GST Verification API and Struck-off companies verification tool. Our GST Product Includes Features such as: Powerful GST Reconciliation, Validation of Data, GST Return Filing, Audit Reports. Our GST Reports Includes: Supplier Return Filing Status, GSTR 3B Vs GSTR 1 Comparison, ICEGATE Reports, GSTR 2A/2B Reports, Pan Based Reports. We are dedicated to provide the best possible solutions to cater your business requirements. If you require any assistance or support, please do not hesitate to get in touch with us.