“The new indirect taxation regime, which will subsume 7-13 taxes, will help end corruption as traders will be compelled to give proper bills and the consumer will be the king,” he said in Lok Sabha.
“GST can’t be seen as a victory of a party or government. It is the victory for democratic ethos of India and a victory for everyone. The measure was being supported by all parties, irrespective of different ideologies,” he said.
PM Modi admitted that manufacturing states will suffer losses but said they will be compensated.