Current affairs

"It is necessary to immediately withdraw the new GST burdens": Kamal's MNM condemns the latest hikes!

By TNSCorrespondent, 18 July, 2022
Makkal Needhi Maiam, GST, Union Budget, Kamalhaasan

The Makkal Needhi Mayyam party led by Kamal Hassan censured this imposition of tax on essential goods. The new revised GST hiked rates applied on items, hotels, bank services, and even for daily use products, came to effect on Monday, July 18. The GST rates were hiked on numerous items at the 47th Council Meet, chaired by Union Finance Minister Nirmala Sitharaman last month in Chandigarh. 

The prices of altered products under taxation are likely to increase from today. Packaged and pre-labeled products like milk, curd, buttermilk, paneer, etc. were subject to GST before. Similarly, for the first time, 5 percent GST will be levied on packaged food items including unbranded rice and pulses tax, which led the price of these products to ascend.

The party has declared that it is vital to withdraw the GST new tax levies. Taking to Twitter and wrote, "The central government has imposed 5 percent GST on rice, which is the food of the poor, simple and middle class. Similarly, tax has been imposed on essential items sold in packages. It is condemnable. The new tax will drastically increase the price of all food items. The public, who are already suffering from steep price hikes, will suffer even more." 

The statement added, "If the central government does not change its mindset to impose GST tax on everything, it will not escape the people's anger. Therefore, it is necessary to immediately withdraw the new levies."

As per the Press Trust of India (PTI), Tax rates on products such as printing, writing, or drawing ink; knives with cutting blades, paper knives, forks, spoons, ladles, and pencil sharpeners; LED lights and lamps; drawing and marking out instruments will be hiked from earlier 12% to new rate of 18% from today. Leather goods too will become expensive with a hike in GST from 5% to 12%. Solar water heaters' GST rate increased from 5% to 12%. In addition, hotel rooms with a tariff of up to Rs 1,000/day, maps, and charts, including atlases, will get expensive and attract a 12% GST, while 18% GST will be levied on tetra packs and fees charged by banks for the issue of cheques (loose or in book form). 5% GST will be levied on non-ICU hospital rooms with room rent above Rs 5,000 per day.

 

 

 

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