Quick Summary
The opposition party took to Twitter and expressed serious concerns on the structural issues in GST, the tweet from the party's official handle read, "An ill-conceived GST, serious structural issues and a govt that is determined to defend unto death their own ineptitude - the unfortunate recipe that has landed the Indian economy in the trouble it's in."
The post shared on twitter also claimed that the flawed implementation of GST had led to a loss of over Rs 5 trillion which is equivalent to 2.5% of the country's GDP and about 40% of the total GST Revenue Collection. What are your views, do you think that the implementation of GST was flawed?
FAQ :
The opposition party's main concern is that the GST has serious structural issues and was ill-conceived.
The opposition claims the flawed implementation of GST has led to the Indian economy being in trouble.
The opposition claims the flawed implementation of GST has led to a loss of over Rs 5 trillion.
The claimed loss of over Rs 5 trillion is equivalent to 2.5% of the country's GDP.
About 40% of the total GST revenue collection is attributed to the flawed implementation.
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