Delhi govt to oppose Goods and Services Tax on payment gateway; ‘hypocrisy’ says Atishi
Delhi government is set to oppose the proposed Goods and Services Tax (GST), Delhi Finance Minister Atishi announced on Sunday, ahead of the GST Council meeting. Atishi declared that during the forthcoming 54th GST Council meeting, the Arvind Kejriwal-led Delhi government will vehemently oppose the proposed GST on payment gateway transactions under Rs.2,000, reported PTI.
This development comes in the wake of the proposal put forth by the BJP-led NDA government at the centre regarding imposition of 18% GST on online payments made through payment gateways.
Underscoring that these transactions were exempt from GST till date, she alleged that this measure would negatively impact lakhs of startups and small businesses nationwide. Consequently, imposing excessive financial strain on the country's entrepreneurial community.
