Union minister Piyush Goyal who is also acting as an interim union finance minister in the place of Arun Jaitley had cleared on the GST 1st Year ceremony on 1st July 2018 there are chances of GST rate reduction but with one condition.
The union minister said that if all of the consumers demand bill from the retailers and traders community, there are chances for GST rate reduction as each and every bill will contribute in proper tax data and revealing of actual traders billing.
Also, the minister stated that soon a helpline will be started across the country to assist in any technical or GST related issues to the traders.
The minister also revealed the other strategy to introduce the helpline is that in case a trader doesn’t issue a purchase bill, then the consumer can complain over the given helpline number instantly.
The GST rate reduction was actually appealed on the finance ministry tweets and stated the fact that taking the bill from traders would really help in taking down the GST rates.
