Dual control holds up GST's July roll-out

West Bengal finance minister walks out; next meeting on January 16

An impasse over the division of administrative turf between the Centre and states, higher compensation due to demonetisation and definition of coastal states persisted on Wednesday at a meeting of the goods and services tax (GST) Council, indicating that a roll-out of the new indirect tax regime is difficult not only from April 1, but also from July 1, 2017. 

The Council, comprising the Union finance minister, Union minister of state for revenue and representatives of states, would now meet on January 16 to resolve these tricky issues ahead of the Budget session, to start from January 31. 

West Bengal