Team Herald
PANJIM: Goa Pradesh Congress Committee (GPCC) President Shantaram Naik on Saturday demanded a CBI probe into the initial fixation of ‘exorbitant’ tax rates by the Goods and Service Tax (GST) Council causing the Centre and States losses of Rs 20,000 crore. “Although Rs 20,000 crore losses may be notional, damage caused to the Central and State governments are real and the Prime Minister as head of the government is responsible. Goods and Services Tax Act was originally UPA’s baby, but irrational and exorbitant rates were not decided upon by UPA,” Naik said in a statement released to the media. “In case if CBI is reluctant then the Supreme Court should intervene,” he said.
Naik said that GST has brought in economic terror in circles of small traders and common man and revision of rates in every meeting of the council, creating confusion in the economy causing rash act of criminal negligence, breach of trust, forgery and mischief, which acts, needs to be investigated and inquired into.
