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GST will come into force from April 1, 2010: CBEC     

Special Secretary and Member of Central Board of Excise and Customs P N Vittal Das today said the Goods and Service Tax (GST) will come into force across the country from April 1, 2010. Addressing a press conference here, he said in this connection a paper was circulated to all the concerned departments by the Empowered Committee headed by a Minister from West Bengal.



 

Stating that the Committee had conducted series of meetings with traders, Mr Das said the GST would be rolled out next year even though there was delay of two to three months owing to objections from fifty per cent of the states. The states were pressing for amendement of the Constitution in respect of implementing the GST, he said, adding the GST would be implemented by making certain modifications.

Stating that most of the developed countries had GST and it was necessary to implement it in the country too, the official claimed that after implementing it, revenue of the Centre would go up and the State Governments should try to mobilise revenue collection after implementing it in their respective states. To a question, Mr Das said if any exemptions were sought by the State Governments under the GST, the Empowered Committee would decide on it.

Speaking on the Customs and Central Excise, Visakhapatnam Zone, consisting of Commissionerates in Vizag, Guntur, Kakinada and Krishnapatnam, he said there was 940 km of coastal line for which seven vessels had been allotted for coastal patrolling.

Source: MyNews.in, India, dated 12/12/2009

 

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