Big Nations Don't Have Courage To Implement GST, Says Piyush Goyal


Finance Minister Piyush Goyal on Sunday said that many big nations don’t have the courage to implement a tax reform like the Good and Services Tax (GST).

“No big country has ever had the courage to implement something like GST. It’s not there in the US or China. Big nations don’t have the courage to bring such huge change,” Mr Goyal said at an event in Patna while interacting with Bihar Chamber of Commerce and Industries.

“Before our GST Council meeting on July 21, I went to seven places – Jaipur, Bhopal, Nagpur, Raipur, Kolkata, Mumbai and Delhi – to interact with people and take their feedback on what they expect from us. The decisions that were made in the GST meeting brought changes in the GST to a great extent. GST has become simple. A special GST meeting, especially for the MSME sector, was called on August 4. This happened for the first time when all the finance ministers in the country along with the Centre’s Finance Minister did a meeting, especially for a particular…

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