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Needed, a clear roadmap to implement GST
At
a workshop on Goods and Services Tax organised by the Indian Chamber of Commerce
here on Tuesday, several speakers, while welcoming the government’s plan to
launch the tax from next April, also emphasised the need for a clear roadmap on
implementation of the new system of taxation to enable people at large and the
business community, in particular, to familiarise themselves with the same,
according to a press release issued by the chamber.
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It
was felt that the implementation of GST might require
amendment to the Constitution authorising the Centre to
tax sale or supplies of goods outside factory gates at any
point in the supply chain and to permit states to levy tax
on services. Another key issue that needed to be addressed
was the determination of the manner of application of GST
on interstate or crossborder transactions, it was pointed
out.
Source :
The Hindu BusinessLine,
dated 30/07/2009
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