Bengaluru: The State government is ready to implement GST (Goods and Service Tax), said Chief Minister Siddaramaiah on Thursday, August 4.
Addressing media, the CM said that GST is the brain child of the Congress government and had never opposed to it.
Adding further, he said that the State is not ready, if the tax levied is above 18 per cent. If it is between 14-16 per cent, the State government has no objections, he said.
The Congress party believes in national unity. If the proposed tax is helpful in building the nation and making it more financially stable, the Congress is ready to support it, CM said.
Siddaramaiah also said the Congress party had not opposed GST, but had only raised questions about some of the shortcomings in the bill. With Union Finance Minister Arun Jaitley assuring to address the lacunae and to protect the level of rate of taxation, the Congress had welcomed the Bill, he added.
