Congress Condemns Delayed GST Reforms and Questions Government's Timing

Congress leader Pawan Khera criticized the central government's recent GST reforms, implemented after eight years. He questioned the delay, referencing previous calls for an 18% GST cap made by Rahul Gandhi. Khera shared old posts from Rahul Gandhi advocating for a GST that benefits both industry and the public, particularly the poor, by keeping rates at or below 18%.

Senior Congress leader P Chidambaram also expressed disapproval of the GST reform, calling it "8 years too late." He stated that the current GST structure and rates should not have been implemented initially, highlighting the opposition's repeated warnings over the years, which were reportedly ignored.

Chidambaram further speculated on the government's motivations for the sudden changes, suggesting various economic and political factors that may have influenced the decision after such a long delay. He listed potential reasons, including economic concerns, upcoming elections, and international trade dynamics.

5% and 18%, achieved by merging the 12% and 28% rates.

The 5% slab includes essential goods and services, such as food items, agricultural equipment, handicrafts, and medical supplies. The 18% slab covers a standard rate for most goods and services, including automobiles, consumer electronics, and professional services. A 40% slab applies to luxury and sin goods, such as tobacco products, sugary beverages, and luxury vehicles.

Furthermore, certain essential services and educational items are fully exempt from GST, including health and life insurance, as well as specific education and healthcare services.