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IMPLEMENTATION OF GST STILL SAILING IN BOATS OF UNCERTAINTY

Goods and Services Tax - GST - By: - Pradeep Jain - Dated:- 12-1-2017 - GST DAILY DOSE OF UPDATION BY CA PRADEEP JAIN:- The eighth meeting of the goods and services tax (GST) council held on Wednesday yet again ended on an uncertain note, effectively ruling out the possibility of implementation of GST from 1 April. In this two day meeting the outcome came out to be insignificant as the litigious issue of sharing of administrative powers was not taken up at all. Further a new issue was raised by .....

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ms to be a farfetched dream. With this it is more rational to assume that the roll out dates shall either be 1 June or 1 July and if the roadblock continues it may further shift to 1st September. However, GST needs to be implemented before 16th September, 2017 because the Centre and States have been given powers to impose taxes on goods and services under current laws only upto 16th September, 2017 after which there will be no taxes by Centre or State on goods and services. The amendments made i .....

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