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Bengal's FM says demonetisation may delay GST roll-out

Bengal chief minister Mamata Banerjee had earlier demanded rollback of the note ban

Indivjal Dhasmana  |  New Delhi 

Demonetisation of Rs 500 and Rs 1,000 currency notes, and the resulting turmoil, makes the April 1, 2017, target date for a national goods and services tax (GST) unlikely, said Amit Mitra, finance minister of West Bengal. “The government needs to redo its arithmetic,” he told a news channel. And, that the Centre “should do GST at a time when it’s feasible...I don't see that at this time, as a student of economics.” Mitra, who was chairman of the Empowered Committee of State Finance Ministers on GST, which saw the building of a consensus on ...


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First Published: Thu, December 01 2016. 00:47 IST