Rahul Mehta Gandhinagar LsCandidate

Why sponsors of NaMo wanted GST to come in 2017 and not before?
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GST starts killing small businessmen and manufacturers, but 2 to 4 years AFTER it is introduced , not till then !!! And for first 2 to 4 years, GST looks good because all taxes get combined into one tax, and raids and harassment of officers decrease. But after 2 to 4 years, due to missing trader problem, the small businesses (and manufacturers) will start dying.
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So if GST had come as on 1-apr-2015, then for 2-3 years, all would have felt good. But by 2018, they would have all started suffering and become anti-NaMo.
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But now, GST will come as on 1-apr-2017. So for next 2 years, all will feel good due to simplification and reduction in corruption / harassment. And so more and more small businessmen etc will supprt NaMo. And come jun-2019 and later, they will get slaughtered en-masse !!
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What is missing trader problem?
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In VAT = GST, say trader or manufacturer A sells goods to B for say price of Rs 1000 and later B sells to C for say Rs 1050. Now say VAT = GST rate is say 20%. Then A will collect Rs 200 GST from B and B will collect Rs 210 GST from C. Then A will have to deposit Rs 200 to govt and B will have to deposit Rs 10 to Govt.
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BUT, if A vanishes, then for all practical purposes, B will have to pay Rs 200 to govt again !!!
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The technical statement is "accessee will not get input credit if his vendor has not paid VAT = GST" which in simple language means "if your seller doesnt deposit GST = VAT you had paid to him, then please pay again, unless you the end buyer"
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Now, SoGa and ArKe too both have supported GST with Missing Trader Clauses !! So on this issue , SoGa = NaMo = ArGandhi
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So say GST comes as on 1-apr-2017. Say B bought goods from A in apr-2017 and A didint deposit GST. Then B will get notice in around may-2019, because there is often a 2 year procedural delay !! Because A has collected VAT from B in say apr-2016, and legally, he has 1 year time to pay that amount to govt. As such he has to pay within 3 months, but if he delays, then there is only some interest to be paid, and it isnt a crime.So GST = VAT dept will send A a default notice only in around may-2018, and the B will get "input credit denied" notice one year later, i.e. in may-2019. But by that time, he would have voted for NaMo !!!
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Now during these two years, B will not even know that lightening is going to hit him in may-2019 !!! And between apr-2017 and march-2019, he will feel great because all taxes have merged into one tax, there is less paperwork, there is less harassment of officers, less bribes to be paid to officers etc. And come may-2019, the missing trader problem will simply slaughter him !!!
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Now say GST had come in apr-2015. Then small traders and manufacturers would have started suffering right in may-2017, and support of NaMo would have started declining. And so sponsors of NaMo delayed GST for so long. (please note -- sponsors of NaMo and not NaMo. NaMo has no power to delay or speed up. NaMo, like SoGa and ArKe, is now just a puppet. SoMoke are kept so that Indian voters dont realize that foreign masters are now running the show.).
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The missing trader problem is more likely to hit small manufactures/ traders then big ones,. Why? Necause the length of chain in small manufacturers/ business is LONGER than big businesses. eg consider WalMart. The length of its chain is just one --- it will import form china and sell in India. So missing trader problem will NOT at all effect WalMart. But consider some Indian manufacturer, who is buying raw material from detailer who buys from wholesler, And then that manufacturer sells it to some wholesaler who sells it to stoickist who sells to retailer. The length of chain from raw material to end user is at least 6 to 20 So now anyone of them commits a missing trader fraud or collapses and ends up creating missing trader problem, then whole chain will get disturbed.
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SOLUTION?
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Solution I propose is to kill VAT, GST, Excise, Service Tax and instead have (wealth tax - income tax) and have income tax minus plethora of hifi exemptions. So (wealth tax minus income tax minus 15% of salaries paid) will fall ONLY on those who have unused land. And once plethora of hifi exemptions like SEZ are removed, income tax rate will decrease. Further, wealth tax will cause fall in land prices, to 10% of what is now, and so businesses and manufacturing will grow.
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At this point, I want ALL activists to know that SoMoKe have all opposed wealth tax and support GST with "buyer will pay for missing trader clauses". And every SoMoKe-andhbhagats and every CoBhApSwaRa-worker is also opposing WT and supporting GST with "buyer will pay for missing trader clauses". As of today in India, ONLY we activists at Right to Recall Party are support WT and opposing GST with or without "buyer will pay for missing trader clauses" . So if you support WT and oppose GST, then please dump SoMoke, SoMoKe-andhbhagats and CoBhApSwaRa-workers and pls join Right to recall party