DWARKA: To hail the wide changes in the country's tax system levied by his government, Prime Minister Narendra Modi on Saturday said that the decision to introduce the goods and services tax (GST) was made to give relief to small and medium businesses because his government did not want them to get jammed in red tape.
"When we announced significant decisions of GST on Friday, the entire country started celebrating saying Diwali has arrived 15 days before," said Modi, while addressing a gathering in poll-bound Gujarat after the foundation-laying ceremony for the bridge connecting Okha and Beyt Dwarka here. Modi is on a two-day visit to Gujarat which is gearing up for assembly polls, scheduled to be held this December.
The PM said, "We had said during introduction of the GST that changes will be made after hearing complexity of traders and we have done it. We do not want to put our traders in the trap of red-tapism, files, bureaucracy... We have tried to take GST from simple to simpler."
Three months after the roll out of the new indirect tax system, the GST Council on Friday made sweeping changes to provide aid to small and medium businesses on filing and payment of taxes, eased rules for exporters and cut tax on over two dozen items.
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