GST will be implemented from July 1: Meghwal 


"100 per cent GST will be implemented from July 1," Meghwal said here when asked on GST roll out. "In the last meeting four rules had been approved and the next meeting is in Srinagar," he said on the sidelines of ICC organised on investment opportunities in African country Democratic Republic of Congo.

Adding further, he said, government will resolve the problems of the trade and if GST begins from July 1, there will be no loss to trade and industry. On March 29, Lok Sabha approved the four supplementary legislations.

The Central GST Bill, 2017; The Integrated GST Bill, 2017; The GST (Compensation to States) Bill, 2017; and The Union Territory GST Bill, 2017 were passed after negation of a host of amendments moved by the opposition parties. The Council, however, deferred a decision on tax structure to its next meeting on May 18-19.

Meghwal said that states are been told to strengthen their IT infrastructure and focus on manpower training. "Trade, chambers are suggesting. We are continuously meeting them and communicating the benefits. If there are some problems..we will solve it," the minister said.
He said government will open guidance centres including in the villages where internet is available to support the trade in getting registered with GST.

Meanwhile, Meghwal said government was ready to cooperate for greater trade relationship and cross investments in the central African country of Congo which offers huge opportunity in agro, mining and hydro power.

India was building 16MW x4 hydro power plant in the country which was expected to be completed in the next 30 months, a BHEL official said.

Write your Comments on this Article

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. will not be responsible for any defamatory message posted under this article. Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using will be purely at your own risk, and in no way will be held responsible. Similarly, reserves the right to edit / block / delete the messages without notice any content received from readers.

  • Konkan World
  • Stay Connected
  • Facebook Google+ Twitter YouTube

KONKAN WORLD offers accurate, up-to-date, a large collection of videos from KONKAN WORLD VIDEOS and indulge in fun you will not find else where!.
© Copyright 2014 Konkanworld media Inc