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Goods and Services Tax: Get set, delayed

As the April 1 roll-out of GST looks set to be missed, the GST Council will meet again on Jan 3-4

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Dilasha Seth New Delhi
As the April 1 roll-out of GST (goods and services tax) looks set to be missed, the GST Council will meet again on January 3-4 to arrive at a consensus on contentious issues, including dual administrative control, inter-state supply and definition of states. July 1, 2017 seems to be the next possible date for a roll-out

Eighth round of GST Council meeting on:

Tuesday and Wednesday

In the last meeting, the GST Council agreed to:

1. Draft model of the GST Bill, except for provisions relating to the division of administrative turf between Centre, states

2. Compensation Bill — base year