Three days after the meeting on GST of
state finance ministers with Union MinisterArun Jaitley, Kerala’s Finance Minister Thomas Issac, a member
of the CPM Central Committee, distanced himself from the Congress’s
demand of a cap of 18 per cent on the GST rate.
He said he “did not know what made them
(the Congress) make such an amendment” and added that he “did not find any
reason to stand in the way of the GST”.
Issac said his state stands to gain from
the Goods and Services Tax and added that the CPM will not accept the
Congress’s proposed amendment on the GST ceiling rate. The Bill is stuck in
Rajya Sabha where the ruling coalition lacks numbers.
Courtesy The Indian Express
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