India does not need a ‘Gabbar Singh Tax’: Rahul Gandhi

India does not need a ‘Gabbar Singh Tax’: Rahul Gandhi

New Delhi: Terming the GST as “Gabbar Singh Tax”, Congress vice president Rahul Gandhi on Saturday said India does not need it.

The official Twitter page of Rahul Gandhi said: “India does not need a Gabbar Singh Tax. We want a true GST. Congress, along with the people of India, fought for and insured reduction in items in 28% bracket. Next we will fight for one rate, with a cap at 18%. If BJP doesn’t do it, Congress will.”

Gabbar Singh was the main villain in India’s iconic Bollywood movie Sholay.

The Goods and Services Tax (GST) Council, which has been holding its two-day meeting in Guwahati, reduced the tax rate of nearly 175 items from 28 per cent; however, 50 luxury and ‘sin’ goods, including tobacco, will remain in the highest slab, according to media reports on Friday.

In its 23rd meeting headed by the Union Finance Minister Arun Jaitley, the Council implemented one of the biggest tax reductions since the implementation of GST from July 1 this year.

Some of the products that are now out of the 28 per cent tax group are shampoo, chocolates, beauty products, furniture, sanitary ware and construction items such as marble and granite, media reported.

According to media reports, the Council is likely to approve changes such as simpler procedures, a single return filing form for small firms and several changes to make composition scheme more attractive.

The Council is also likely to discuss the proposal to do away with the distinction between air-conditioned (AC) and non-air conditioned restaurants (not under composition scheme) and tax them at 12 per cent, media reported.

-IBNS

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