Finance Minister Nirmala Sitharaman has said that there might be some flaws in the Goods and Services Tax (GST) but since it has been passed in the Parliament and is a law now, it cannot be damned.
Seeking the help of various stakeholders in the GST structure to come up with solutions in order to increase the compliance she said, ”It’s been only two years. I wish it met with your expectations from Day 1. But I am sorry it is not so. But you all are a party to it, let’s own it up. On GST, I want all of us to give solutions for better compliance.”
While interacting with businessmen, Charted Accountants, entrepreneurs and others in Pune she said, “It might have flaws, it might probably give you difficulties but I am sorry, it’s the ‘kanoon’ of the country now.”
She also said that the GST law was passed after long deliberation, argument, and cooperation of various actors.
“In this country after a long time, with so many parties in the parliament, with all state governments working together, we have come up with something. Suddenly, sorry to say this, but we can’t say what a God damn structure is this,” she added.