EGoM to submit first draft on GST draft succeeding(a) hebdomad PTI Nov 1, 2009, 11.33am IST NEW DELHI: The Empowered Committee of State yield Ministers work submit its first draft to the Centre on the proposed Goods and go Tax next week, undeterred by speculations that the carrying into action of the in the alto numberher tax regime may be delayed. The first jeering paper on Goods and Services Tax (GST) would be submitted to finance Minister Pranab Mukherjee by the Empowered Committee of State pay Ministers on November 10 and then placed for public comments. The preparations for the implementation of the direct tax regime is on, even though in that location could be delay in its introduction from plan visit of April 1, 2010. Even Mukherjee had recently said, I am attempt to juncture to the time schedule, but I will not be surprised if there is slippage of a few months.
When asked close to the Finance Ministers comments on the issue, Empowered Committee Chairman Asim Dasgupta had said, Our joint show is April 1, 2010, and on this we will have discussions with the Finance Minister. around states resembling Madhya Pradesh and Gujarat have suggested that there should not be any headlong implementation of GST, which would do away with most of the indirect taxes at the Centre and states. in that respect is a case for it discoverting delayed. at that place ar many issues which have to be solved, many complications which argon also there, Madhya Pradesh Finance Minister Raghavji said after a meeting of the Empowered Committee on GST.If you want to get a full essay, order it on our website:
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