From April 1-September 16, GST can be rolled out anytime

Amid signs of slippage of the April 1 GST rollout target, Finance Minister Arun Jaitley today said pending resolution of “turf” issues, GST is a transactional levy that unlike income tax can be implemented anytime during the year.

Maharashtra Legislative become the tenth state to ratify the Goods and Service (GST) Bill

The Goods and Services Tax (GST), he said, can be implemented anytime between April 1 and September 16, 2017, in accordance with the constitutional amendment legislation that allows a national sales tax by subsuming central and state levies.

Read the full news here.

Leave a Reply

Your email address will not be published. Required fields are marked *