Goods And Services Tax

April 1 Rollout Of GST Reforms? Not Going To Happen, Warn Some States

A bold reform seen as crucial for economic growth, the national Goods and Services Tax or GST, cannot be rolled out to meet the government's April 1 deadline, say finance ministers from different states. As members of the decision-making GST Council, they met for the eighth time with Union Finance Minister Arun Jaitley, but were unable to close various contentious issues. "An April 1 deadline is out of the picture. Even July 1 is unlikely. September 1 is more likely," said Kerala Finance Minister Dr Thomas Issac to NDTV. Yesterday, Delhi Finance Minister Manish Sisodia had also projected a September launch for the reform.

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