Rollout of the Goods and Services Tax (GST) regime may only be possible by June-July as the possibilities of meeting the April 1 deadline are bleak now in view of the GST Council’s slow progress, some council members said on Tuesday.
“Rollout will definitely not be in April. If GST can be passed in the Budget session of Parliament, then June or July could be possible,” Kerala Finance Minsiter Thomas Isaac told reporters here at the end of Day 1 of the council meet.
“We haven’t been able to even touch the dual control issue, which is fundamental to this process. This will be taken up tomorrow (Wednesday). Once the council passes the draft GST law, rules have to be framed,” Mitra added.
The issue of dual control or cross empowerment that deals with assessee’s jurisdiction, has been a major bone of contention between the Centre and the states, and the council has been unable to find a common ground on it so far.
