Welcome GST, Today July 1 2017 GST launched in India
Finally after long debate and discussion the day came when GST implemented in India.
The GST launching Event started at 11:00 am with the National Anthem in the presence of hon’ ble President of India, Pranab Mukherjee. Mr Hamid Ansari(Vice President), Mr. Narendra Modi(Prime Minister) , Sh. Arun Jaitely(Finance Minister) and other hon’ble members.
He also said that -I got my first lessons on GST from former finance minister of West Bengal, Asim Dasgupt
The underlying principle of fixing GST rates was to ensure tax neutrality and to avoid unnecessary burden on the common man, he added.
Implementation of GST is our common heritage, he added.
He also compared the 18 meetings of GST council with 18 chapters of The Bhagwat Gita.
He also added following
GST is simple, transparent and will end corruption and black money.
Sardar Vallabhbhai Patel unified the country and GST will bring economic unity to India
Whatever law says it in legal manner, but for us GST is GOOD AND SIMPLE Tax, he added.
In his speech he explained the journey of making this law including the period of constitutional amendment bill.
GST is the culmination of a 14 year-long journey that began with the Kelkar Committee report in 2002, he said.
He concluded the event with words – Jai Hind.