{"id":307491,"date":"2018-12-26T05:31:03","date_gmt":"2018-12-26T05:31:03","guid":{"rendered":"http:\/\/tehelka.com\/?p=307491"},"modified":"2018-12-26T05:31:03","modified_gmt":"2018-12-26T05:31:03","slug":"former-finance-minister-p-chidambaram-raise-questions-on-why-gst-goals-are-changing","status":"publish","type":"post","link":"https:\/\/tehelka.com\/former-finance-minister-p-chidambaram-raise-questions-on-why-gst-goals-are-changing\/","title":{"rendered":"Former Finance Minister P. Chidambaram raise questions on why GST goals are changing"},"content":{"rendered":"<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-300232 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2018\/07\/chidambram-300x289.jpg\" alt=\"\" width=\"300\" height=\"289\" srcset=\"https:\/\/tehelka.com\/media\/2018\/07\/chidambram-300x289.jpg 300w, https:\/\/tehelka.com\/media\/2018\/07\/chidambram-436x420.jpg 436w, https:\/\/tehelka.com\/media\/2018\/07\/chidambram.jpg 552w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Former Finance Minister P. Chidambaram on Wednesday raised questions in a series of tweets about what caused the change in the &#8220;declared goals&#8221; of the Goods and Services Tax (GST) regime and why it was being changed.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Chidambaram said in a series of tweets that till yesterday a single standard rate of GST was a stupid idea, capping GST at 18 percent was impracticable.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">&#8220;Until yesterday a single standard rate of GST was a stupid idea. Since yesterday, it is the declared goal of the government!\u201d Chidambaram said.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">&#8220;Until yesterday capping GST at 18 per cent was impracticable. Since yesterday, the Congress party&#8217;s original demand of an 18 per cent cap is the declared goal of the government!\u201d he added.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Former Finance minister said, &#8220;Until yesterday, the Chief Economic Adviser&#8217;s RNR report to fix the standard rate at 15 per cent was in the dustbin. Yesterday it was retrieved and placed on the FM&#8217;s table and was promptly accepted!&#8221;<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The former Union Minister&#8217;s tweets came barely two days after\u00a0Finance Minister Arun Jaitley\u00a0on December 24, hinted that the country might eventually have a single standard rate of GST, adding that the 28 per cent slab would soon be phased out, except on luxury and &#8220;sin goods&#8221;.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Finance Minister P. Chidambaram on Wednesday raised questions in a series of tweets about what caused the change in the &#8220;declared goals&#8221; of the Goods and Services Tax (GST) regime and why it was being changed. Chidambaram said in a series of tweets that till yesterday a single standard rate of GST was a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":300232,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[394,1573],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/307491"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=307491"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/307491\/revisions"}],"predecessor-version":[{"id":307492,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/307491\/revisions\/307492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/300232"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=307491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=307491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=307491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}