Chemistry of curd & physics of ‘paratha’ --what's making GST on food a tangle

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ThePrint

ThePrint

Күн бұрын

Пікірлер: 70
@harshadpatil53
@harshadpatil53 3 күн бұрын
Confusions created to milk the businesses. GST was supposed to be simpler but it’s as much complicated if not more than earlier tax systems.
@sdolui16
@sdolui16 3 күн бұрын
Kind of amazed that GST counsil has chemistry ,physics expert . Where are the opening😂
@grapeshott
@grapeshott 3 күн бұрын
Wow. Civil Services will now have special chemistry and biology exams
@TheVenky09
@TheVenky09 3 күн бұрын
It's high time All foods and non alcoholic beverage should be under same gst bracket. Either non gst or one gst rate
@krishna7862
@krishna7862 2 күн бұрын
As usual Kudos to Sharath. Great explanation with excellent details.
@kcpauz
@kcpauz 3 күн бұрын
what is the tax on coffins?
@sudhirrao3508
@sudhirrao3508 Күн бұрын
When are these Physics and Chemistry Wallahs going to open IIT coaching centers!! 😂 just ridiculous to even hear the complexity of all these operations... Kudos to Sharad Raghavan for explaining so well...🙏
@vish3161
@vish3161 3 күн бұрын
The babus and netas in India keep everything vague and complicated and open to multiple interpratations because a) that is how their mindset is since the days of the license babu raj b) it vests in them the power to harass and monetarily benifit using the labyrinth that they have constructed. GST has become the new tool of the government to harass businesses and we wonder why jobs arent getting created !
@sanjeevshankar9426
@sanjeevshankar9426 3 күн бұрын
Absolutely, make it complicated so that layman cannot understand
@LaPlaya-rw1cp
@LaPlaya-rw1cp 3 күн бұрын
You have shed light on only half the truth. The reason why our country is not progressing is the caste system.
@GururajBN
@GururajBN 3 күн бұрын
This confused taxation of food products arises from the tendency to go fishing in the piss - trying to catch every rupee of tax based on real or perceived difference. Such attitude comes down as a legacy from central excise and sales tax laws. Besides, GST is a law driven by the bureaucracy, not by the politicians. The provisions of gst laws confer enormous powers on the GST officers. GST is a case of tail wagging the dog. Needless to say that corruption is rampant in the GST department.
@patmclaughlin107
@patmclaughlin107 2 күн бұрын
I think we need 3 rates: Any food: 1% Luxury items: 15% All other items: 8%
@KonkaniMaratha
@KonkaniMaratha Күн бұрын
Have effective 2 slabs that's it 0 4 15
@fer0xOriginal
@fer0xOriginal Күн бұрын
This GST council is doing a very good job. They have really dug deep. I hope they dig deeper. What is also needed is for laws to be made as a feedback from these gst rules. Example if you open a yogurt parlor in your restaurant then the gst rules go for a toss. So it could be a separate entity. Many other countries do the same, laws are made so that the tax rules are simpler to follow. The only reason why tax is difficult is because we have an open market and people are allowed to experiment with structure, product and service(which should not be discouraged). There should be laws set by which when business owners start a venture they are guided by these laws so as to not make the tax rules complex.
@rohit_dalmia
@rohit_dalmia 3 күн бұрын
Loved the science angle here. Also, the sarcastic tone
@serenity8145
@serenity8145 3 күн бұрын
There should NEVER be a tax on food. Can’t expect any sense nor logic from current FM.
@readingpatel8495
@readingpatel8495 Күн бұрын
A wonderful video. I saw a full video with confusion and amazed. 😅
@subramanyamshankar1767
@subramanyamshankar1767 2 күн бұрын
In Singapore, you buy a safety pin, water or car or anything, the GST is standard 9%. simple… !!!!
@fmajor206
@fmajor206 Күн бұрын
Sir, how can this happen in India? If it does, what will IRS officers do? 😉 Building inefficient systems is a USP of our lawmakers.
@manekkapur8889
@manekkapur8889 2 күн бұрын
It's same case with GST in auto parts aswell. Too much confusion and leads to tax evasions.
@rselvarajanMBA
@rselvarajanMBA 3 күн бұрын
Mr Srinivasan also touched upon the fact that GST system is biased. The South Indian foods are always taxed higher than North Indian foods. Look at sweets vs savouries which are consumed more by North or Chapathi vs Parata 😮
@noneoftheabove666
@noneoftheabove666 3 күн бұрын
😂😂
@deepakv21
@deepakv21 3 күн бұрын
This government has made life of common man miserableness and salaried person is most penalised.
@darshannaik892
@darshannaik892 3 күн бұрын
What a mess this is. Not sure to laugh at our policy makers or cry about it. Cmon for last decade we only talked about ease of doing business, isn't this tax system top of the list to solve? FM's arrogance & not to accept flaws in the system has beaten BJP very badly this time. Hopefully they will improve. Only other way is to make all business owners get a Phd on food processing😅 ,tbh I think which is more easy than fixing GST
@blpabhishek
@blpabhishek 2 күн бұрын
The idea that an affluent person can afford a higher GST rate is absurd. Most of the affluent people also pay income taxes, higher GST rate and also don't get benefits of public services like schools and hospitals. The govt least can do is to rationalize GST rates
@ytramsy1970
@ytramsy1970 3 күн бұрын
Nice and crisp.❤❤❤
@shivvatssharma
@shivvatssharma 3 күн бұрын
This is sad Joke. People who are earning more has already paid more taxes on their income. Now whatever is left with them, they need to pay more on everything they want to buy. Having GST tax is on food more than corporate tax is amazing. No wonder people with good earning running out of india.
@neji-hyuga-
@neji-hyuga- 3 күн бұрын
Barter system anyone?
@nikhilrodye8226
@nikhilrodye8226 3 күн бұрын
Fucking bureaucracy; there should zero rate products like food , pharmacy etc and a flat rate for all others simple
@varshasindhu5672
@varshasindhu5672 2 күн бұрын
There should be GST on processed food. There should be no GST on services like salons , gyms , school fees, books etc. Anything that leads to a healthier lifestyle.
@fer0xOriginal
@fer0xOriginal Күн бұрын
I kept explaining the same thing to my peers only to face their ridicule. The trend of hating the govt without understanding is the real ridiculous phenomenon. Thanks to you for finally covering this!
@RoyJacob5
@RoyJacob5 3 күн бұрын
Informative.
@gaara-0172
@gaara-0172 3 күн бұрын
Good one
@metallicsigma
@metallicsigma 23 сағат бұрын
In japan, eveything is 10%. super simple.
@eldamarmaiar2457
@eldamarmaiar2457 3 күн бұрын
Our food related regulations are not enforced. In effect, they are voluntary. It has huge impact when it comes to tax them appropriately. Food makers don't know how to estimate their food prices because there are no strict rules. We copy many things from west, it's high time that we make appropriate rules and have a better equipped authorities to enforce them.
@LaPlaya-rw1cp
@LaPlaya-rw1cp 3 күн бұрын
After the phrase "it's high time" , we use the past simple tense.
@eldamarmaiar2457
@eldamarmaiar2457 3 күн бұрын
@@LaPlaya-rw1cp thanks for your input.
@LaPlaya-rw1cp
@LaPlaya-rw1cp 3 күн бұрын
@@eldamarmaiar2457 As a competitive exam aspirant, I couldn't help but correct the grammatical mistake in your sentence. I hope, we are cool!
@eldamarmaiar2457
@eldamarmaiar2457 3 күн бұрын
@@LaPlaya-rw1cp it's more than fine. Learnt English from watching movies. So don't know much about rules of grammar.
@ravib4299
@ravib4299 2 күн бұрын
😅brilliant!
@sainiamarjeet
@sainiamarjeet 6 сағат бұрын
gst should be simplified not made into complex with multiple rates
@karthidhanasekaran2481
@karthidhanasekaran2481 6 сағат бұрын
If they applied this much brain in good governance then they won't need to debate on yogurt and curd. Income will increase and they can apply flat rates. We are the only country where people have to pay income tax then have to face complex GST system with rates as high as 18%. Atleast give half the GST amount back to income tax payers.
@Kalyani-c9b
@Kalyani-c9b 3 күн бұрын
Tax on oil, atta, salt, jeera, mustard, Mirchi powder, gas, etc., again tax on cooked food, government to loot public on food plate also, then what facilities provided by government, except richer become richest.
@drajitshekher
@drajitshekher 3 күн бұрын
Adani is expected to be a trillionaire by 2030. Most of this companies other than adani Wilmar depend on the government. Adani is India. India is adani. So make some sacrifices
@shantanu_d
@shantanu_d 3 күн бұрын
If there is a taxation system which needs simplification its the GST. Unbelievable report TCA.
@APEXMACHCORPORATION
@APEXMACHCORPORATION 3 күн бұрын
Imagine, GST on ICU 5%, on I. C. U. (Hospital).
@cgchitra
@cgchitra 3 күн бұрын
No...ITC available for 18% Paratha and No ITC for 5% Paratha at restaurants!
@GuruGuruGuru3
@GuruGuruGuru3 2 күн бұрын
Tax everything that goes into the mouth and generally comes out at the other end ingested, ...be it water, food, medicines etc at 5%, and every other damn goods or services at 9%.
@sarikajain1606
@sarikajain1606 Күн бұрын
These gst officials are true idiots. Unnecessarily complicating things
@raghavendravishwas5929
@raghavendravishwas5929 3 күн бұрын
BJP will not lose..GST problem will not solve
@hjag1019
@hjag1019 2 күн бұрын
Gabbar Singh Tax
@noneoftheabove666
@noneoftheabove666 3 күн бұрын
This country is such a joke, it is just disappointing at this point
@Watchkcom-u9w
@Watchkcom-u9w 2 сағат бұрын
Lee Thomas Walker Nancy White Laura
@jugchats
@jugchats Күн бұрын
Was this a real news item or a piece from The Onion ? Felt like satire to me.... If the government is spending time and paying officials to do this, we should should this department down
@Life.is.a.library
@Life.is.a.library 3 күн бұрын
I agree with curd and yogurt reasoning.
@grapeshott
@grapeshott 3 күн бұрын
lol
@Life.is.a.library
@Life.is.a.library 3 күн бұрын
@@grapeshott say what you want, but its true that more than 70% of india wouldn't even heard of yogurt in their entire life, im talking about majority of indias population that lives in small town districts and villages. Beleive or not India merely have 9 metropolitan cities, which merely has population not more than 15 crore. Such a small no against total pop of 140 crores. So yeah when i said i agree, i meant with rich and poor reasoning not the chemistry or biology that they are talking about. And dont you think it is what the common people always complaining about, tax the rich more
@noneoftheabove666
@noneoftheabove666 3 күн бұрын
People like you are the reason for the state of this country
@rajx7120
@rajx7120 Күн бұрын
We should abolish MRP, and make GST uniform. Market will adjust itself and govt will earn proportionately. This micromanagement is another socialist hangover.
@francofrancis7439
@francofrancis7439 Күн бұрын
GST is shit. How can something such as food be taxed so differently based on consumption. It's fools errand. It never helps sellers or customers because of the complications related to the GST shit.
@tusharchugh4782
@tusharchugh4782 2 күн бұрын
cartoon nation
@motei1853
@motei1853 Күн бұрын
sharad, why the F you can't take the name of the restaurant owner when you take the name of FM ? Is he lower to her? this is the problem with media propagate this stupid vip culture.
@metallicsigma
@metallicsigma 23 сағат бұрын
non-sense gst system
@BharatThatIsIndia
@BharatThatIsIndia 3 күн бұрын
Tax on OIL, if imported tax is more. Then if something is made from that oil, then another rate of tax. You buy that item, first by paying Income tax and then paying GST.
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