Exclusion of energy, real estate, and power are leading to cascading of taxes, and need to be brought under the goods and services tax (GST), said Punjab Finance Minister Manpreet Singh Badal. He told Dilasha Seth that the Congress will strongly raise the issue of compliance and reduction in tax rates at the Council meeting in Guwahati on Friday. Edited excerpts:
What are the key concerns that you have raised with the Centre on the GST?
We were told once the GST was implemented, India’s gross domestic product would go up by two per cent, but the opposite has happened.