Pune: "I am sorry that Goods and Services Tax (GST) did not meet your satisfaction," said Finance Minister Nirmala Sitharaman here on Friday while responding to a question during an interaction with businessmen, entrepreneurs, CAs and others. On the basis of some experiences, we cannot call what a god damn structure is this," she said in reply when one of the attendees raised his concern over the GST. "I wished from day one, that it (GST) met with your satisfaction but I am sorry that it did not meet with your satisfaction. As of today, everybody including industries, consultants and auditors are cursing the government (for GST)," said he. Earlier during a presser, when asked about the low GST collections, minister attributed it the difficulties due to weather-related disasters and also poor compliance.

Source: Mint October 11, 2019 16:41 UTC