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Won't blink on GST launch,no excuse for biz not being ready:FM

Won t blink on GST launch,no excuse for biz not being ready:FM - Goods and Services Tax - GST - Dated:- 20-6-2017 - New Delhi, Jun 20 (PTI) The government will not blink on rolling out the GST from July 1, Finance Minister Arun Jaitley said today, em .....

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market, may result in some disruption and technological glitches initially as traders and the smallest of businesses will have to file returns online, he added. GST, which was originally planned to be implemented from April 1 but was deferred by thre .....

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stest-growing major economy an easier place to do business in, would bring down barriers between 30 states and unifying the USD 2 trillion economy and 1.3 billion people into a single market. Jaitley said GST over the medium to long term will lead to .....

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e reform step is for betterment. All reforms initially are seen as disruptive, and in the long run are seen as result yielding reform. Jaitley said the process of registration of existing central excise, service tax and state VAT payers in the new sy .....

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. 65 lakh who have registered they did not face problem, the five who have faced problems are on Twitter, he quipped. Ruling out deferring the rollout because of a small number of people who say businesses are not ready, he said when reforms are impl .....

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xed the dates for filing of initial returns and traders and businesses now have time till September 5, instead of previous August 10, for filing the returns and being ready. There is still two and a half months to be ready, but if he (business) is st .....

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night of June 30-July 1 to mark the rollout of GST Jaitley said the GST Council has arrived at tax rates on most of the commodities on the basis on equivalence so that incidence of tax remains at the current level. The tax rates that has been fixed, .....

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