MP Finance Minister meets Jaitley over GST

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Finance and Commercial Tax Minister Jayant Malaiya met Union Finance Minister and GST Council Chairman Arun Jaitley at New Delhi.

Malaiya discussed about the difficulties being faced by traders related to implementation of GST system with Jaitley.

 Malaiya gave information mainly about legal problems. He said that there should be more discount on the central excise duty on the closing stock of traders. Malaiya stressed on the need to simplify the description forms.

 State’s Finance Minister Malaiya said that the tax rate of various commodities should be reduced. He urged to reduce the tax rate on desi ghee, butter, dry fruits, tiles, branded grains and pulses, cloth, detergent powder, cake, dona-pattal, toffee, agricultural pipes manufactured from reprocessed and waste plastic, biscuits etc. Malaiya urged to fix uniform tax rate on mobiles and computers. He stressed on the need to reduce the rate of 28 per cent tax on room rent of Rs  5,000 in hotels in the interest of travel and tourism. 

Daily Pioneer
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