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GSTified: KCR to skip Venkaiah’s swearing-in
As a mark of strong protest against imposing heavy tax burden on developmental projects under the single tax regime GST (Good and Service Taxes), Telangana Chief Minister K Chandrashekar Rao has decided to stay away from the swearing-in ceremony of M Venkaiah Naidu as Vice President on August 11 in New Delhi. KCR cancelled his three-day scheduled visit to New Delhi from Thursday.
Hyderabad: As a mark of strong protest against imposing heavy tax burden on developmental projects under the single tax regime GST (Good and Service Taxes), Telangana Chief Minister K Chandrashekar Rao has decided to stay away from the swearing-in ceremony of M Venkaiah Naidu as Vice President on August 11 in New Delhi. KCR cancelled his three-day scheduled visit to New Delhi from Thursday.
KCR also took the decision to lead a delegation to Delhi soon to apprise Prime Minister Narendra Modi of the negative impact of GST on infrastructure development projects and the slowdown of the state economy in the coming months. The CM instructed all the Secretaries to prepare a report on GST effect on every scheme implemented by their respective departments this year.
The government already estimated the GST effect on irrigation, Mission Bhagiratha, two-bedroom housing scheme and the proposed road network projects in the state. The other departments of Civil Supplies, Municipal Administration and Urban Development (MA&UD), Panchayat Raj and Rural Development and Medical and Health Services are also asked to study the GST impact on the services the departments render to people.
Sources said that KCR would submit a detailed report to the Union government with regard to the GST effect on the State-sponsored development programmes.
On the insistence of the Telangana government, the GST Council reduced tax from 18 per cent to 12 per cent for some specified projects in the recently held meeting in New Delhi.
Telangana government has been demanding bringing down of the tax to 5 per cent which was collected before the introduction of new tax regime from July 1st this year.
Following the instructions of KCR, Chief Secretary SP Singh on Wednesday held an emergency meeting with the Secretaries of all important departments and explained them the necessary steps being taken by the government to rescue state from tax burden without halting the works. The officials were asked to hold meeting with contractors and private agencies for the completion of works in a scheduled time.
