Union Minister for
Power Shri Piyush Goyal said after implementation of GST initially there
will be some difficulties for business and industries but in the long
term it will be beneficial for the tax system and it will lead to ease
of doing business.
The Minister was addressed a workshop on MSME and Government, Dialogue
for Development, a State level convention of MSMEs organised by Laghu
Udhyog Bharati in Mumbai today.
He said that participation of all sections of society will lead to
development of small industries. He asked stakeholders to unite for the
development of nation as well as industries.
The Minister said that due to GST all information regarding purchases
and sales will automatically be available for the department and that
will control tax evasion. GST council has taken into consideration the
needs of poor, farmer, women and citizens and fixed affordable GST rates
Om Praksash Mittal, National President of Laghu Udhyog Bharati, Bhushan
Vaidya, National Vice President of Laghu Udhyog Bharati and other
dignitaries were present on this occasion.
PIB/ SK/ IJ (APS)