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Presentation on Goods and Services Tax (GST)

Posted on :08 November 2017

On the request of the Economic & Private Sector Development Committee (EPSDC), the Department of Revenue & Customs under the Ministry of Finance made a presentation on Goods and Services Tax (GST) to the Members of National Assembly. 

 

The presentation covered what GST is, how it is implemented, what are the positive and negative impacts on our economy and what initiatives were pursued by the Royal Government to have minimal impact on our private sector. 

 

Following the presentation, Members raised some concerns while applauding the succinct presentation made by the MoF. The National Assembly agreed that GST is a reality that we have to manage and live with it. 

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