'When you realise alcohol may become more expensive,' Confusion prevails as GST kicks in

GST is now a reality! If you're someone who understands what GST or even someone who is trying to understand the concept, you will relate with these tweets!

The much-awaited the much debated and the what is being touted as a historic tax reform, Goods and Services Tax (GST) was launched at a grand event in Parliament’s Central Hall on July 1. Prime Minister Narendra Modi and President Pranab Mukherjee launched the new tax regime at the stroke of midnight in presence of Finance Minister Arun Jaitley, Vice President Hamid Ansari, Speaker Sumitra Mahajan and other Cabinet Ministers and senior government officials. However, the opposition Congress party decided to boycott the launch event.

Local levies like excise, value added tax, octroi, service tax are set to be replaced by GST. All goods are aligned in the five slabs of taxation— 5%, 12%, 18%, 28% and 28%. While President Mukherjee was pleased that the council completes its task in time, PM Narendra Modi came up with its own full form of GST and termed it as Good and Simple Tax.

Read More: GST rollout: Top 5 quotes by PM Narendra Modi and President Pranab Mukherjee

While the government officials asserted that the historic tax reform had finally become reality, chaos and confusion and jokes prevailed on Twitter. Some were trying to get over their confusion over the new tax regime, some understood it and tried to comprehend the impact GST will have on their lives and the results were hilarious. If you’re someone who has understood the impact or knows the word GST but don’t really know how it is going to affect you are bound to relate to these hysterical tweets.


Those PJs!

Pretty much what a number of people think right now!

Some feel cheated -_-

When you know there is something called GST but you don’t really know how it works but also aware that it’s important to know it.

Be cool Be cool!


Priorities change you know

If only we took those Account classes seriously

Yep, he did. “Good and Simple Tax” it is.

Happy GST day, everyone.

Read More: GST helpline: Here’s how you can get all the answers related to new tax regime

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