By Admin 
The Modi government has given a big gift to the public by reducing GST before festivals. This improvement in GST did not happen overnight, but it started before the council’s meeting in Jaisalmer in December last year. Prime Minister Narendra Modi called Finance Minister Nirmala Sitharaman and asked GST to facilitate businesses and reduce the rate, after which work on it progressed rapidly. Nirmala Sitharaman herself has revealed this.
Sitharaman said in an interview to PTI-language, ‘In fact, the work of extensive reforms in GST had already started. Even before the last GST Council meeting held in Jaisalmer, Rajasthan, the Prime Minister called me and said that once you look at GST, make it convenient for businesses and why there is so many confusion at the rates? I think it was before the Jaisalmer meeting held nine months ago. He said, ‘Then during the budget, when we were discussing income tax measures, he (Prime Minister) reminded me that you are working on GST. This was one thing.
Discussion was being held about GST for a long time
Sitharaman said, ‘Second, the Group of Ministers (GOM) had been working for one and a half years and I appreciate each of them that they worked hard to prepare the report and their suggestions came out, but after listening to the Prime Minister, I decided that now it has come that we should review all aspects of GST, not only the rates, not only the number of slabs, not only the number of slabs, but also to see that there is also a small business, but also that there is also a small business How much better it will be for. ‘
The Finance Minister said, ‘We considered all these things. Saw the classification of goods which was causing a lot of confusion… then, naturally noticed at the rate. From February 1, 2025 to about 15 May, we continued to work for its study review etc.
Meeting PM Modi regarding GST: Finance Minister
Sitharaman said, I went to the Prime Minister in the middle of Tamai, informed him and told that we are close to taking steps. This can take the form of a proposal and requested them to give time. After that he said that you see how can it take it to GST Council.
He said, ‘Then I sat with the team and decided that this would be the proposal of the Center, which will be sent to GOM, because GOM is the ministers of the states. I am not there In fact, we wanted it to be clear that we respect all the works done by GOM. But here a proposal is particularly coming from the Center, which is one-third of the partner in the council.
GST Council’s big decisions
The GST Council last week decided to do two slabs instead of four slabs of GST. Now the tax rates will be 5 and 18 percent, while a special rate of 40 percent will be applicable to harmful items like luxury and cigarettes. Except for cigarette, tobacco and other related items, the new tax rates will be effective from September 22. As part of the rates being random, the rates have been reduced on about 400 items, including consumer products like television and air conditioner, in addition to catering and everyday items.