The opportunist opposition, Congress has started to vent its pretentious detestation with GST. The Congress has voiced its life-devoid criticism for levying 5% GST rate on domestic cooking gas (LPG) cylinder. The party has asked demanded a rollback of 5% GST to reduce the burden on the poor.
GST Aftermath: Subsidised LPG rates
As far as Delhi is concerned, the LPG rates have surged from Rs 446.65 to Rs 477.46 per 14.2-kg cylinder after the GST rollout on July 1. As a matter of fact, a 2-4% Value Added Tax was levied on the domestic LPG before GST implementation.
Dichotomy of fall in crude prices
Ajay Maken, senior AICC spokesperson spelled out: “The price of domestic LPG cylinder has gone up by Rs 32 in parts of the country after the GST became effective. This is affecting common people, the poor especially. We demand that the GST on domestic LPG cylinder be removed immediately.”
According to Maken, the government is not passing benefits of reduced crude prices to the final customer. However, the major point is that the government implemented GST with the sole objective of benefitting consumers.
Interest rates on PPF and other services lowered
The government has decided to slash interest rates on small saving schemes (SSS) like Kisan Vikas Patra, PPF, and Sukanya Samriddhi by 0.1 per cent for the July-September quarter. Not only this, post GST, rates of stationery, electronic devices, auto segment has witnessed drop in prices and hence, GST has proved to be a relief for the Aam Aadmi.
People like Maken will only distort the peace of the market by presenting fake claims and allegations on the current government, regardless of the quantum of work they have done for the Indian citizens, be it encouraging foreign capital or unearthing black money holders for the benefit of the poor of the country.