A delay in the roll-out of the Goods and Services Tax (GST)
appears certain as the rate for the new indirect tax
regime as well as the date of its launch is likely to be
finalised by the end of this month.
After a meeting with Finance Minister Pranab
Mukherjee here on Friday, Chairman of the Empowered
Committee of State Finance Ministers on GST Asim
Dasgupta said: “We will meet by [the] month-end and hope
to finalise the date and the rate of GST.”
Dr. Dasgupta explained that the States need more time to
arrive at a consensus on the new tax regime. "Finance Minister will meet state finance
Ministers on January 13 as a pre-budget exercise," an
official said.
