Union Minister Ashwini Vaishnav criticized the opposition parties for criticizing the Goods and Services Tax (GST) reforms to be implemented from Monday. Comparing the taxes levied on domestic goods during the United Progressive Alliance (UPA) regime, with taxes levied after the GST cut, he said that industry and MSME tax were in terror before 2014. Addressing a press conference in the national capital, he said that GST reforms have come into force today. Some time ago, I was in a market of RK Puram, and people buying goods there also said that they are happy.
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Ashwini Vaishnav said that under the UPA rule, there was tax terror on industries and MSMEs. The trap of several taxes was integrated into GST. When GST was widely accepted, the next generation improvements were brought. Steps step by step, the country has reached a good position. I thank Prime Minister Modi and Finance Minister for these reforms. The Union Minister said that the tax on cement, sanitary pads and shoes has reduced considerably compared to the UPA government.
Ashwini Vaishnav said that the opposition is unhappy. There used to be only things in his time, not work. The UPA imposed 30 percent tax on cement. How will a common man fulfill his dream of building his house? Now this is 18 percent … UPA imposed 13 percent tax on sanitary pads, and now there is no tax on them. The paint used in homes was 30 percent tax; Now it is 18 percent. The tax on shoes and slippers is now 5 percent, while it was 18 percent at the time of UPA.
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In addition, he said that household items like refrigerator and television could not be placed in the category of luxury items, while goods like detergent, shampoo and coffee were incurred in UPA rule 30 percent taxes, while GST is 5 percent in GST 2.0. Vaishnav said, “Every family wishes that it has a refrigerator and television; These were not the items of luxury at that time. The refrigerator was 30 percent tax on the refrigerator, which has now come down to 18 percent. The tax on detergent and shampoo was 30 percent, it was now 5 percent. It is now 5 percent. Coffee is reduced from 30 percent to 5 percent.”