“That while agreeing in principle with the Goods and Services Tax, this House opposes the attempt of the GST Council to levy exorbitant taxes @ 18% and 28 %; That this House is of the firm view that higher tax rates are detrimental to the treasury and is the cause for inflation and tax evasion; That this House resolves that throughout the country the GST rate should not exceed 10 %, out of which 5 % each would be shared by the Centre and the States.” “That while agreeing in principle with the Goods and Services Tax, this House opposes the attempt of the GST Council to levy exorbitant taxes @ 18% and 28 %; That this House is of the firm view that higher tax rates are detrimental to the treasury and is the cause for inflation and tax evasion; That this House resolves that throughout the country the GST rate should not exceed 10 %, out of which 5 % each would be shared by the Centre and the States.”
Date
Session
5th session (part-III)
Remarks
The Resolution was put to vote and adopted by voice vote.
Resolution Category
Assembly