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Rahul's single GST rate a 'grand stupid idea': Jaitley

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  2 Dec 2017 12:00 AM GMT

New Delhi, Dec 1: The verbal war over the Goods and Services Tax (GST) continued between the BJP and the Congress on Friday, with Fince Minister Arun Jaitley calling Congress Vice President Rahul Gandhi's idea of a single GST rate a "grand stupid idea". "What Rahul Gandhi suggested was single GST rate of 18 per cent. This is different from suggesting a cap of 18 per cent. This was the grand stupid idea. Can a Hawai chappal (slipper) and a BMW car be taxed at the same rate?" Jaitley tweeted. He was apparently responding to senior Congress leader and former Fince Minister P. Chidambaram's criticism of Prime Minister rendra Modi. Chidambaram had on Thursday said if it was a "Grand Stupid Thought" -- as Modi had termed it -- to argue for a cap of the tax rate at 18 per cent, then Chief Economic Advisor (CEA) Arvind Subramanian and many other economists were stupid. "If it is grand stupid thought to argue for a cap of the tax rate at 18 per cent, then CEA Arvind Subramanian and many other economists are stupid. Is that what the PM is saying?" Chidambaram had tweeted. (IANS)

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