GST not effects on Common People : AP Finance Minister

Andhra Pradesh: Amaravati, June 18: The Andhra Pradesh finance minister Yanamala Ramakrishnudu on Saturday assured that there is no extra burden will be the effect on common people with the new additional tax regime GST, which will help to increase the revenue of central and states.

"Adequate measures have been taken to ensure that the new taxation regime will not put any additional burden on the common man and also not to lose public revenue," Ramakrishnudu told reporters here.

Noting that many countries have successfully implemented GST, he expressed the hope that it will be a success in our country as well as the new taxation system will increase government revenues for the states and for the Centre.

Ramakrishnudu said the state has sought exemptions on certain goods and services like tax on textile yarns, Tirupati Temples food products and granites on which a final decision is awaited.

The minister also said departments have been directed not to harass traders in the process of GST implementation.