Aravind Datar - GST is the most terrible thing that will happen to the country

[@technicalbaatein7775]

Terrific Video..This Government Is Curse For India.

[@sbharatvaj4408]

Dont vote b.j.p vote congress

[@AiNEX-zb3yi]

​@@sbharatvaj4408crap

[@screwfeaar]

Hats off to people who do business in India.

[@suchindranathaiyer494]

Aravind Datar says it right. India's GST is not GST. It is an evolution of the Churchill prognosis to tax Indians for the pleasure of Neta-Babus.

[@nnnnn3285]

Suchindranath Aiyer fully agreed... gst is not coming with same platform as the idea was expected... some things are smoother...but a lot things are messy...and I personally feel gst will also cause cascading...

[@suchindranathaiyer494]

+Nidhi Sharma The so called Deliberative Democracy (Modi) succeeded in bringing all states on board because much more revenue is to be raised with far more opportunities for law and procedure fomented extortion. A new avatar of "license" Raj.

[@pawarvs]

Suchindranath Aiyer i will nvr vote bjp again.. vote rahul as pm..

[@suchindranathaiyer494]

+pawarvs I would never vote Khangress. Raoul or anybody. Please remember that GST passed with the support of the Khangress Parivar that loots together to stay together. Modi's deliberative democracy, Padma vi Bhushan to Sharad Pawar, induction of SM Krishna giving Jailtey yet another barrel to fire from, non prosecution of VIPs for corruption and so on are signs of Modi becoming another Khangress clone. One looks from pig to man and man to pig and cannot say which is which.

[@redeemer1167]

Suchindranath Aiyer .you free to vote for a 45 year old kid who the sycophants say give him some more time to evolve

[@CAanirudhbagai]

Around 6 minutes 30 seconds, you compared Post-GST's 49 (36 GST + 12 TDS + 1 Annual) returns vs Pre-GST's 2 (2 Service Tax) returns in case of a service provider. I would like to point out that Pre-GST returns were 6 (2 Service Tax and 4 TDS) and not 2. Best, CA. Anirudh Bagai ACA, LLB

[@CAanirudhbagai]

The following are the specified person (s) who are liable to deduct TDS: An Individual or an H.U.F. is not liable to deduct TDS on such payment except where the individual or H.U.F. is carrying on a business/profession where accounts are required to be audited u/s 44AB, in the immediately preceding financial year. A person is liable to get its accounts audited u/s 44AB if during the relevant financial year its gross sales, turnover or gross receipts exceeds Rs. 1 Crore in case of a business, or Rs. 50 lacs in case of a profession. Refer: www.incometaxindia.gov.in/pages/acts/income-tax-act.aspx

[@aditya.sood077]

CA. Anirudh Bagai ACA, LLB sir you're partly correct, the TDS returns you mentioned are the ones under the IT act, which have to be filed by all tax audit persons be it a manufacturer, retailer, wholesaler or service provider. but here, the 12 TDS returns are under the GST act, which is applicable only for supply of goods/services above 2.5 lakhs and only for specific goods/services, yet to be notified. these two TDS return types are completely distinct, please don't merge them together.

[@tanishqsachdeva4260]

That still less than gst returns

[@rajivgupta6366]

Mr. Datar, you are perfect in telling the gathering of intellectuals that what the GST holds for them in future but nobody is bothered. The addition of 2 percent is simply baseless & idiotic. The most serious problem is in relation to exports where refunds replace exemption. The world is not foolish to work with exemptions under the aegis of WTO. Refunds are simply unworkable because they are a distortion, capital is very costly in this country, there is no free lunch & this gives bureaucracy a chance to hold the businesses to a ransom. It is rather unfortunate that no business leader has spine to call spade a spade & stop singing praises of the impending disaster. Last but not the least important is the missing infrastructure therefore the system without a trial run is going to create chaos & wreak a havoc because I believe nobody has a magic wand in the government.

[@rahulthakur-vs5vt]

Bjp fucked this country. A lot of businesses have been shut down.

[@7sweetguy]

The GST allows input tax credit across IGST, CGST and SGST. Thus a retailer selling bike can claim input credit and therefore lower prices and therefore higher consumption and GDP.

[@FireFox-di5cz]

Both the opposition and the government agreed to each and every article of the GST. The Congress and the opposition were trying to get this tax reform on the floor from the past 10 years. The only problem with this tax is, that it is almost leak proof, so no hiding tax. That's the pain. The positive thing is that the near future it will reduce the burden of the salaried middle class class by expanding the tax net.

[@arunshukla7322]

Real and true Lawyer. Can advocare any opinion for money.

[@susanpaul8095]

Ghosh Aravind Datar, you are such a charismatic speaker!!! Explained so well.... Another thing you can add is that GST has killed small businesses who cannot afford to hire CAs to file 37 returns.

[@balakrishnansreenivasan8992]

Mr. Dattar is not only the brightest legal brain but also the most articulate who can drive home his arguments to people with not enough legal background. I am afraid his apprehensions about the much touted GST are well founded.

[@victoryteam544]

A very presentation of facts. This is not how GST works.

[@thiruvetti]

Mr Datar, small businesses were easily escaping the taxation and hoarded black money for decades. Now they are brought under the radar. Also till now the so called learned people of India never even bothered to look at restaurant bills where even Non-AC stinky hotels used to charge 15-20 % tax in the name of Service charge. Now they shouldnt do that. Its all transparent. Also this Govt made you aware of looking at the tax in your bill, which is a big achievement in itself.

[@remasujith6802]

Any lay man can understand,the concepts are simplified ,what an effective presentation.thank you sir

[@okramronan]

Omg finally some reason after hearing all the propaganda. Thank you so much for uploading. This is logical and reason centric talk.

[@RahulDhangar]

Arvind Datar - You're awesome in explaining this serious issue without exaggarating. I am a big fan of you from now on! All the Modi fans should consider this video and think again before blindly applauding for all his acts. Some might be good but some might be bad as well.

[@ajit1000]

Had a paitent view, any change is not welcome. GST is not the end, it's a transition. Let the process go on, it will keep reforming. What do you think, the present model is perfect?!!

[@AnthonyFernandes]

CGST, SGST, TN adds entertainment tax on 4th July 2017 in addition to SGST. Maharashtra increase registration tax on 4th July in addition to SGST. so taxes in India after 1st July, CGST, SGST, entertainment Tax, Registration Tax, and any other tax the State government wants to add.

[@unic-k4q]

The saddest part of GST in India is that the baby formula is taxed at 18% while condoms are taxed at 5%. Dosa batter is taxed at 18% while pizza has a tax of 5%. What an anti national GST this is which prefers condoms over country's future and foreign fast food over Indian homemade meal.

[@koshyidiculla7996]

Why petrol and diesel prices are not brought under GST. Now for petrol and diesel the central exise duty is 23% and state VAT is 34%. Total tax is 57%. If these essential products are brought under GST , the maximum tax will be only 28%, which means the prices of petrol and diesel can come down by almost 50%. The public at large will be benefited. Please spread this message .

[@psg9119]

koshy idiculla atleast read the govt statements before oozing shit online , the govt has clearly stated that fuel and alcohol will be duly brought under gst in due time !

[@mohammadferoz4216]

koshy idiculla you are 100% correct if the modi s government looking people favour why don't you brought the petrol and diesel under GST it's clearly seems that this for only sake of ambani and adani

[@subhadeepkumar15]

enchanted douche So did govt bring petrol&diesels under gst??? 1year passed..... If govt had any good intension to bring petrol under gst then they would hv done many months before......

[@citybird29]

thanks so much for the unbiased, fair warning about GST and this govt. overall economic policies...

[@puchu9507]

It is very easy to comment from couch Nothing starts perfectly especially when you are trying to normalise tax structure across 30 states and 1.3 billion people , but not starting at will keep us in the state British left us

[@mikeagate]

I am astonished to hear this from Datar. He has clearly not understood what CST is all about, and so have the majority of commentators on this video. in essence, both you and Mr Datar have failed to see the bigger picture in the Indian context of simplyfying the tax, removing the bottlenecks in the transport of goods across the country, the elimination of corruption at these toll nakas and bringing a sense on oneness amongst Indians. I am on the winning side, you are on the losing side in this debate, live with it. And now that CST is operational, embrace it and move forward WITH the country.

[@kdchanyuadv]

Dear Mr. Aarvind Datar. Current VAT system is already very complicated. Whatever i learnt about GST so far will solve many problems for businessmen doing business in Intrastate will eventually grow intrastate trading. Yes off course GST could have been much better but our Indian founder politicians made our country so politically divided that it is now like a dream to implement that kind of GST which other progressing country are following.

[@kapilkpmg]

Truly Assessed. GST is purely online, thus end of Baburaj, a sigh of relief.

[@PrimoPete]

Kapil Bhardwaj Have you visited, made transaction, filled up forms on a government website? If yes then you should know how "easy" it is.

[@kapilkpmg]

Pete! It will be now, just wait n Watch.

[@Rahul69726]

Kapil Bhardwaj lol...you have no idea how easy it will be when hundred thousand people will access same site in a day.

[@kdchanyuadv]

Do you have any idea how many? And how does it pose any challenge?

[@shriramsp2070]

Visionary... Mr. Arvind Datar...! GST... Such a curse...!

[@Chirashree]

Very right the problem is not the law but implementation. The soil is not ready, I totally agree being a small manufacturer.

[@Paritostalks]

There are problems of implementation and filling returns but not agreed with him totally.. Their might be initial hiccups but going farward it can be customised....5 slabs 0 to 28 % can easily be reduced to 3 but keeping grain and SUV in same tax slab cannot make a sense...tax evaders will never like it at all..

[@TauroChuck]

I like this guy very good speaker,knowledgable

[@manishdoultani1306]

absolutely right and right path

[@nomadseeker584]

he has good insight into economic system...well appriciated.. he must be given more then 20mints of speech

[@t-.-t.]

words say "make in India" reality is "quit India" spot on!! The only thing hindering this countrys progress is its gov itself

[@vishalmehta6262]

Totally agree with Mr. Datar

[@MrHermitknows]

i am leaving this country or become a farmer if i have to stay here

[@ctrlshiftx8368]

Rajan A Devar yep. planning the same. but ny reason is different to leave this country..my reason is religion of peace but whats the use of leaving the country, islam is taking over everywere.

[@MrHermitknows]

CtrlShift X ; the problem you are worried about is very small as compared to this economical problems. ...forget about religion community cast and creed.. all an Empty stomach can think about is, *food* and some money to obtain it.

[@MrHermitknows]

CtrlShift X ; i dont disagree to the fact you said.. yes there are religious elements like that. but still cannot stereotype it. Dr. APJ Abdhulkalam was a muslim. and many more are very loyal to the nation than to their religion. the only solution to this is.. to be stronger than the enemy at all point of time. if you are stronger, enemy will not dare attack you. and eventually over a period of time the enemy would quit.

[@sanketdeshmukh7490]

don't worry soon democracy will fall and I will establish a nice kingdom in this country

[@MrHermitknows]

Sanket Deshmukh ; the problem with monarchy is; the there isnt any potential person. for a diverse Country like India only a Saintly person can be a good monarch. who has the qualities like. #1.No pride *(of race language cast creed or any identity) #2. absolute Selflessness. #3. he/she has to be a Bhramachari.*(no child or spouse) #4. should consider all country and its people as his own blood relative and should not be biased to anyone. #5. Only Justice and well being of citizens should be his life motive. #6. should have *absolute zero 0* attractions towards wealth, fame, sex, selfrespect, food and any other kind of pleasure. #7 should be of sound mind with a lot of wisdom and good health to perform his duty. if any one have such qualities only then he/she has capacity to be a King this nation or else not.

[@nisargj7524]

The economy is so down today, the reason can be easily connected to GST, its compliance issues, the government has gone thinking that the high rate would budget its expenses, what actually happened was that it reduced the demand so much that we are heading into recession...... Let Mukeshbhai (RIL) run the tax department, I am sure that he shall reduce rates and increase volume and remove compliance bottlenecks to spurt the economy back on track....

[@vsgopalakrishnan]

A good talk. FM Jaitley is complicating everything. A very unfit man. He is going to make the life of every citizen miserable.

[@rajagopalankrishnamachari5194]

hats off to Arvind Datar, for country's sake , PM &FM should hear him out

[@akshaytikekar5788]

Rajagopalan Krishnamachari where was Mr. Katar for last 10-15 yrs.. if GST is horrible VAT wasn't cool either

[@rajagopalankrishnamachari5194]

Akshay Tikekar ,Why can't PM &FM hear him out once present logical rebuttals,if any, point by point instead of asking where was Datar 10 yrs ago. For that matter, where was Jaitly on this prior to 2014 election,just ponder a little.

[@Shrikant_Patil]

+Akshay Tikekar True after all why should agents of (cheap labour and consumer base) for multinational companies should listen to such sensible talk, We HAVE to kill small (and independent) businesses otherwise how else can we lay red carpet for WALLMART?

[@akshaytikekar5788]

If India is not ready for GST.. I wonder was India ready for IT mid 1990 and look where is India today in IT.. On one side you appreciate idea of GST (single tax for multiple taxes) but you have problem with how govt is implementing GST in India (even after knowing the facts/complications that Mr. Datar stated like power of state and centre has on levying taxes) Don't be hypocrat either you appreciate GST or don't.. Also with all respect to Mr. Datar he must get clarity on how GST is implemented in other countries.. he only stated points proving his thoughts.

[@akshaytikekar5788]

Rakkamma Paatti Very easy to say today that IT was cake walk for Indians in early 1990.. Do you like to pay unnecessary taxes or taxes which are burdened on you (assuming you are end user) like selling tax? I am also getting a vibe that its more anti BJP thinking than anti GST

[@gopalakrishnabk2563]

You are right

[@udaymj]

I have a question to everyone; What are you going to do about it? GST is coming. India has rubbish laws in place to protect government officials and the country's citizens suffer. What are you going to do about it?

[@ctrlshiftx8368]

Uday Jamkhandi what are you even saying..? we will blame BJP, congress.

[@rahulthakur-vs5vt]

Only you asked the real question. Its not what is happening its what we can do or will do

[@DailyZindagi]

I agree with you Sir. It's just a saur candy sugar coated. it's just a waste of public money.

[@balachandarbbc7490]

Is GST applicable on utility bills...??

[@vkvarman2422]

I don't understnd, this guy is saying 20 lakhs limit in service tax means, more companies will be created in different names, right now 10 lakhs is the limit, only now are there more companies being registered in different names, to be honest, with 20 lakhs limit, the creation of fake companies will come down!! Actually majority of small scale industries I know, are breathing a sigh of relief, for the exemption being increased from 10L to 20L!!

[@kapilkpmg]

True! This guy is highly polarized and trying to enforce some political agenda towards the audience.

[@ksreedhar1]

take a bow sir .....thumps up

[@kumarpraneet]

You are right sir , we also feel that this indirect tax reform is anything but GST.

[@kasadini]

sir shall u please say how u resolve instead digging issue. speaking against is easy to manage is very difficult. do u want india leave as it is? or need some change.

[@vinayvarious4327]

well said, Mr.Aravind datar

[@paritosh108]

He is true, Most worst thing in GST is it's number of rates and three return every month. All business People should come to gather and shout or ready to face problem. Because finance minister think that All business men are cheater.

[@sanjaypandey70]

I 100% convinced by Mr. Datar. In my opinion State VAT Laws are not success and GST is nothing new but it is a Nationwide VAT. State VAT laws are unsuccessful in absence of proper infrastructure i.e. Computerization. Our view is, Center must go through the reasons of failure of State wide VAT system thereafter introduce GST.

[@pratikgandhi17]

Sanjay Pandey If U r true than its not New idea...why all fear for that ..? Boss this is GST not VAT... Both are completely diff.

[@prithvirajtarafdar1245]

explain in your own words . HOW?

[@somashekar1336]

superb. a good simple explanation. thanks sir.

[@ageless1003]

India should have a direct debate with Mr Modi and all these people who oppose his every move whether its Demonetization or now GST. Its very important and true to our age old tradition of Shastratha. Whosoever wins the debate, we should follow them.

[@tirumaleshkrotha9862]

why our finance minister is not understanding the complexity of gst. why... why

[@saravanan_ck4271]

What he says came true today, Most of the small and medium business vanished

[@KaranBatra06]

GST is a technology enabled tax in which there would be no Revenue Leakages... This is a major major advantage as compared to existing law... There may be some hiccups in GST but Rome was not built in a night sir...

[@arun19041978]

Have to think about Building Rome and Building room are entirely different...

[@sdrishi287]

49 returns in a year instead of 3 and all online! Name me one govt website, which has the server capability to handle that sort of traffic! His basis that GST only succeeds when there is one GST for one country is absolutely correct. What is the point of having new taxes when they do not simplify the taxation regime. As far as revenue leakages are concerned, believe you me, they will continue to happen. It is the inherent nature of taxation, you cannot change it.

[@KaranBatra06]

1. These are all technology enabled returns 2. Tax evasion would reduce massively by these technology enabled returns

[@kapilkpmg]

Dats the problem with the India. People start to defend/oppose anything without knowing any ground realities. You are absolutely right, technology plays an important factor this time. Govt. has learned from previous technological shortcomings or failures and deployed excellent IT infrastructure required to run GST 24*7. This guy(Aravind Datar) is highly polarized and trying to enforce some political agenda towards the audience. Comparing Singapore/Aus GST's to India is totally absurd. The amount of direct taxes collected in these countries is way higher than we can ever imagine. If GST needs improvement it should be done but negating it totally is just a sign of immaturity.

[@sdrishi287]

Yup, lets call the expert 'polarised' because we do not agree with his totally valid comparison with GST being implemented in other countries! (Although the govt probably did heavy research into those countries' gst implementation but how dare he compare us with them!) As far as the amount of direct taxes collected is concerned, the quantity is immaterial!! Infact if I am to take the GST implementation in India, one of the reasons' the GOI wants it implemented is to increase the collection of direct taxes! So your rationale that GST in those countries is different and gets more direct taxes, while our GST is different because we do not get the same amount of direct taxes is flawed, because we precisely as a country, want to end up in a scenario where our collection of direct taxes is exponentially increased! As far as the IT infrastructure is concerned, we shall have to wait and see for the first couple of quarters after its implementation. But a govt. that still hasn't been able to cure the problems of its railway booking website during peak 'tatkaal' time, does not inspire much hope.

[@udomshukul3383]

Let's see what is going to happen and CA will have much problem but it is easier to understand for me instead of having so may taxes now.

[@ashes2rose]

Nicely explained.. I have a question and i would like answer on it. Let me put up my question through an example to simplify it. I went to a hotel for a coffee. The rate was INR 40/-. This incident I want to explain is when the GST was implemented and the GST was 18% (9% local + 9% center). I got the bill of 40 + 7.20 = 47.20 total. I paid the bill at counter and asked how old was the menu card printed and the rate not being changed. I came to know it was about 2 yrs old. Now I want to understand that when that menu card was printed there was no GST implemented. But on products like coffee, sugar, milk there must be some sort of taxes like excise, VAT, octroi (where applicable). So the question that came to my mind was why the actual product rate never decrease as those taxes are now out and if GST has simplified and lessen the tax burden than that coffee rate should be like 30 to 35 and than 18% GST implemented. Still today I see the rates are same as before the GST and on top of that GST is implemented. When will the actual effect of GST come in play and which government body or sub-body is responsible and on the field to that and show the result in numbers.

[@rationalist455]

absolutly right,even after 5 years of its implementation,we dont see decrease in any items.inflation rate is anyway increasing

[@bharatjai]

When India will become ready...

[@GururajBN]

A dissenting view always needs serious consideration. But, prospect of living with 30 plus VAT laws is worse than GST's problems. Perhaps the government can reduce monthly returns to quarterly returns for reducing the compliance burden.

[@chandrasekhar-hi9uj]

After demonetization , GST is again going to a big mess

[@sbharatvaj4408]

Dont vote b.j.p

[@sumit_tarang]

Good points. My main concern is the lack of digital infrastructure for it's implementation. Amp up your data speed. Long delays in exchange of service is expected.

[@samcrazyking2483]

thnk u modiji u hv given a wel deserved holiday to middle class men like me through ur notebandu gst acts...nice manoranjan to the whole nation.

[@dr.kantarajtavaneadvocate1906]

Servers will take the load, what is your problem?

[@DeejayBaj]

Seems like this is turning out to be rather accurate.

[@kumarnss6623]

Thanks sir .As for as middle class people any tax is hard on us,particularly charging GST on medicine, Mediclaim is terrible.On all senior citizens in Mediclaim already the amount is very heavy charged by all insurece companies.for example Apolomunich is charged actual amount health insurance is 22,000 appreciate for my wife aged 62 years for this GST is 4500 nearabot 40 percent. And service tax and all came to rs29,585.i normally advise my family instead have a RD account keep seperate for mediclaim.this will serve ourpupose if we won't fall sick atleast this money help us.but in Mediclaim all will go to the insurance company.we all Indian people's were created and we are very helpless.

[@sreejish121]

absolutely agree with this

[@sriram97]

Can any one tell me why a diagnostic center is filling 36 returns of 12 returns each on 10, 15 and 20 per month and 12 more Tedious returns , what is a tedious return ? . And why is he filing only 2 returns right now. How did the value 12 come into play here.

[@ajitr28]

Who all realised this thing by 2021?

[@ThePraveshchauhan]

arrival of modi govt. sudden growth of patanjali. free services given by reliance. GST excluding patanjali products. religious roits. demonatization.

[@udomshukul3383]

pravesh chauhan So rubbish Patannali goods pay taxes also. Religious riot.happens.before as well but no one care about hindus. Previously only Muslim victims card always play

[@Rahul69726]

Udom Shukul But patanjali failed quality test and religious riots have increased by 97% you can do Google search for more detail

[@udomshukul3383]

Rahul Kumar lakra Nestle.also.failed the test. It is good.that they failed the test.so they have to.improved. What the riots related to this topic ? Riots not.increase anyway and mainly it always start by Muslim not.hindu

[@bhuvananaik1350]

pravesh chauhan pantanjali products included sir...

[@shrii545]

I don't get 1 thing if Patanjali is growing then what's wrong in it? if Indian businessman growing what is problem? every co comes with their special product same way patanjali doing with Ayurvedic products. so where is problem?

[@ARUNSHARMA-ld6df]

So much sense

[@sharraadprabhuddas7949]

In the present VAT, the Tax structure on a particular product differed from State to State, whereas under the GST the Tax is uniform of any particular product. There were any number of other Taxes levied b the State and Central Govts., Under the GST the uniform VAT rate and all other service taxes etc and duties have been consolidated oin the GST. The wisdom of the GST Council comprising of all Sates and the Centre has been challenged by the personal opinion of an individual... Comparing the GST of Singapore, a city State and the GST of India which has 29 States and the Central Government... The earlier UPA Govt at the Centre attempted but due to resistance of some State Govts, the GST could not be passed in the Parliament and the State Assemblies. Finally, during the present NDA Govt., all State Govts (comprising of various political parties) and the Centre (NDA) managed to pass the GST Bill.

[@indian987able]

Great Information.

[@Kingcenashamus]

Ladies and Gentlemen,GST is not online mode(like some comments).officials will calculate and impose these taxes,they implement it not a supercomputer.Officers only make sure retailers are abiding not those servers.the comments I read here lacks knowledge of rest of india from their livingroom.

[@kasadini]

why every one say india is not ready ? india is not ready? its not degrading our self saying not ready please change our thought

[@vijayswaroop568]

kasadini lol this gentleman will say india is not ready for freedom if he'd have born before aug 15 1947

[@ecstacyoutrageous]

Every big change of this magnitude will have resistance.. it's hard for people to accept change always.. it's tough for them to get out of their comfort zone and do things differently.. But let's get back to business here.. people who talking about poor implementation I assume are just looking at it in a very one dimensional way.. while I pity on such fellow citizens who assume themselves of being an experts on this subject at the same time I am also happy to hear them out.. as it just showcases that we are on the right track.. Uniformity in any shape or form can never be negative and if implementation of it is a concern for few then please step ahead and make it better rather than blabbering your thought process which doesn't help the country in any way.

[@sriram97]

I thought it was 1 nation 1 tax. Then how can states levy tax on a products ?

[@bhawanigupta2953]

Thanks Modiji for making simple one tax instead of 17 types of taxes.

[@rahulthakur-vs5vt]

What you want to say now? Are you happy right now?

[@MrVimalmohan]

Awesome. His extempore address will take him to new heights in the world.

True... GST doesn't concerned with Geographic conditions in India... Consumers should buy through OEMs and not through dealers at all... also many goods will be sold in plains and not in hill regions... example traders wont sell items in Thirumala and SabariMala and Pampa or in Badrinath and Kedarnath... rather sell items in Tirupathi plains, or in Pattanampitta or in Haridwar respectively...

[@twsell9455]

The government has very well explained the taxation system to us. But have they explained us what the heck they are doing with the tax collected from us??? Is there really any improvement in the infrastructure, medicine, education system, even in our basic needs etc??? And what the heck is this cashless system?? What if our account is hacked??? Also has demonetisation done any good to us??? Why havent they given any account on what they have done with the black money collected??

[@niveshladniya7198]

some people deliberately don't want to change the inefficient and combursome​​ tax system and they also don't have such enegry to understand the difference. some people are not made for change. That's why they make objection.

[@DailyZindagi]

earlier customer paid tax on the cost for which tax is already paid in VAT. now it's twisted VAT and bluffing people.

[@pankajpatwardhan9798]

in India paying tax will always be an issue. Tax is the basic earning for the government to rule, maintain a country. How much and how to tax will always be discussed as different perceptions play a role. There will be difference of opinion between government and others.

[@mahendrascientificinstrume5315]

Dear Sir, Scientific apparatus& scientific instruments are mentioned 12% GST list. but by their individual name various scientific instruments and apparatus are mentioned in 18% & 28% list. What rate should be charged by us. Kindly reply.

[@aramseitamizha6667]

Terrific stuff !!!

[@rajulandge2003]

what a nice explaination .....

[@nityanandrefrigerationcorp2667]

what about the cascading effect,govt has accepted that it was a flaw,now will they give us refund for the error they committed??

[@Phase52012]

If a Government wants to raise revenue, tax the sources of wealth; not the average person with GST. Put a tax of 1 cent or 1 penny on every stock exchange transaction and watch the money flow in.

[@maulaalichennur589]

The more we going on innovations with out fixing problem, the more we are creating problems.

[@srinivasjayaprakash2531]

What is wrong if a returns officer holds justice nariman's ineffective with respect to taxation?? After all the decision shall be subjected to further judicial review

[@sagarbehera]

Already it has happened in Maharashtra and Tamil Nadu where the state govt is already added their taxes on top of the gst on movie tickets.

[@sureshpolali4616]

vadafone case gone in favour of govt. in high court.. the lawyer in supreme court out smart law. govt has all right to impose retrospective . India is for Indians and not for foreign company . whatever may be the law FDI will come as India is growing

[@ishu3147]

True said

[@omerfarook2440]

Anti national

[@Drfine22]

Aravind data a honest man

[@abhaychundawat8040]

He is great expert on indirect taxes

[@nileshp1347]

I am RSS supporter who owns carbonated beverage plant and I agree with this video.

[@ateetjain9820]

he may b right wid certain points but the truth is some of d business entities are jst for the purpose of doing hawala dealings... these entities as under d pre GST scenario they ve to file the returns for twice or thrice a year, they gets ample amount of time to receive the unaccounted money from various sources show it as the revenue from sales contrary that the actual sales never took place and then again return that laundered money in white nd get commission on it. If 1 has to file a return in such a small window of time, then it wud become very difficult to launder the money as they ve to show the revenue generated from sales for a very short period of time and any uncertainty in the filed returns would alarm the agencies and then finding the abnormalities wud also be easier for them.. I myself only ve a pinch of knowledge abt taxes, but since I'm​ trying to get into d business world these r a very few things I got to know... please let me know if I'm right or wrong about it

[@nisargj7524]

Nailed it......100% Nailed it......

[@TheVenky09]

GST will make pockets of common man dearer, I am afraid not all business are ready for GST yet. I am totally against different rates, this will create chaos.

[@shreyanshjain5749]

there is only one tax but has different nomenclature ie sgst and igst that is half of the tax rates decided

[@basavaraju2405]

It is clear from the discussion it leads the speaker is very much annoyed because scope of his role of advocating tax evading getting norrow down.

[@nanjappa42]

Illuminating speech on the practical aspects. Alas! Neither Modi nor his Finance Minister can understand this. Modi is an economic zero, and Jaitley is minus. Modi is a maniac, he has got some hidden agenda and fixed ideas. The bureaucrats under them are having a cushy time. Now chartered accountants and consultants will have roaring business. But it is doubtful if even they can unravel the complications. India has not had a single sensible and really knowledgeable finance minister since Independence. Modi is really making misery in India!

[@souravsinha7689]

Nope not the most terrible, We have Arvind Kejriwal and Mamta Banerjee

[@knowtheworld2331]

dimag khol le...u look intelligent.. they are real fighters..

[@ar.5230]

Q-aim quests Mamta Bannerjee fighter? lol she is fighting against india using bangladeshis

[@ketan9010]

even worst mr modi

[@rakesh4a1]

What you said is right that total number of e-filing returns and TDS filing will increase. But, how many are paying taxes, how many are coming forward to pay. Leave this topic. What people do is they don't/never show they earnings and pay taxes. At the end of every year, they say that they didn't had any profits and they don't have to pay any taxes. Now, lets say they have to show and file your taxes, now if anyone is caught or interrogated they will get complete track of the business. Presenter is worried about number of e-filings. What might be the problem for presenter is people might have to show all earnings and file returns and TDS continuously, that people are not interested to save BM.

[@kshith777gowda]

nice speech...but its just one point of view of talk... the present tax system couldn't successfully implement bcoz of diversity.. that's why GST is better option..