GST from April 1 not feasible: FM     

The state finance ministers have stated that the proposed GST, which will replace most of the indirect taxes at the central and the state levels, cannot be implemented from April this year as envisaged, Parliament was informed on Tuesdsay.

FM Pranab Mukherjee would meet state finance ministers in early April to the discuss implementation of the GST. "A meeting was held with the state finance ministers on January 28, 2010. It was decided that discussions on GST will be continued in another meeting in early April, 2010," he said.

He said a joint working group comprising officers of the central government, a few state governments and the Empowered Committee of the state Finance Ministers, has been constituted.

Source: Times of India, India, dated 24/02/2010