GST MODULE IN INDIA

[JAGANATHAN KUMARAVEL]

REQUEST THE EXPERTS TO COMMENT ON THE PROPOSED GST MODULE IN INDIA. INITIALLY IT WAS SUGGESTED THAT THE GST WILL BE DESTINATION BASED , BUT STATES WHICH WERE MAJOR PRODUCERS HAD OBJECTED THE SAME.

PLEASE CLARIFY THE PRESENT STAND ON GST AND WHEN WILL GOI RELEASE THE NEW DOCUMENT ON THE BASIS OF GST IN INDIA.

[DR.MARIAPPAN GOVINDARAJAN]

Dear Sir,

The Constitution (Amendment) bill was introduced in Lok Sabha and yet to be passed in Rajya Sabha and also to get the consent of the President. After that only GST Bill will be introduced and the doubt of yours will be cleared only after this event.

M.Govindarajan

AI Summary

Goods and Services Tax implementation depends on a pending constitutional amendment and subsequent legislation before details are finalised. The proposed Goods and Services Tax design-originally destination-based-faces objections from producing states and remains legally contingent on a pending constitutional amendment; until that amendment is passed and presidential assent obtained, the GST Bill cannot be introduced and the central government will not issue final implementation documents defining taxing powers and design choices.