18% GST ON SERVICES EXTORSION BY FM
FM has given a statement saying there will be no price rise due to GST, which is false to his own knowledge.
GST was supposed to subsume various taxes VAT, Excise Duty, Customs duty, Sales Tax and all types of CESS, but unfortunately CESS are still there under GST.
It is not clear whether Octroi will be continued to be collected in Mumbai.
GST is being levied on Cooperative Housing Societies, which is unfair, as housing societies do not carry out any business, manufacturing, supply etc.
GST is supposed to be ONE NATION ONE TAX but the way it is being introduced in a hurry without proper application of mind is likely to cause avoidable hardship to common man.
What is more surprising that none of the Political Parties have raised their voice against a very high rate of 18% GST on services in place of service tax.
All elected representatives by citizens of India are requested to raise objection to this high rate of 18% GST on services. more