File photo of Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Friday said that the Goods and Services Tax, even if faulty, cannot be damned as it has been passed by Parliament and in all state assemblies.

“It might have flaws, it might probably give you difficulties but I am sorry, it’s the ‘kanoon’ of the country now,” the finance minister said while interacting with businessmen, entrepreneurs, CAs and others in Pune.

Nirmala Sitharaman argued that the GST law was passed after long deliberation and with the cooperation of various actors. “In this country after a long time, with so many parties in the parliament, with all state governments working together, we have come up with something. Suddenly, sorry to say this, but we can’t say what a God damn structure is this,” she said.

The finance minister said that rather than complaining, the various stakeholders in the GST structure must come up with solutions to increase compliance, “It’s been only two years. I wish it met with your expectations from Day 1. But I am sorry it is not so. But you all are party to it, let’s own it up. On GST, I want all of us to give solutions for better compliance.”


By Loknath

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