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        GST

        State FMs to meet next month to solve GST riddle

        November 24, 2010

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        New Delhi, Nov 24 (PTI) State finance ministers are scheduled to meet on December 6 to break their deadlock with the Centre on the proposed Goods and Services Tax (GST) to reduce multiplicity of taxes.

        They will hold discussions on the requirement of a constitution amendment bill for rolling out the proposed GST, which is all set to miss even the revised deadline of April one, 2011.

        "The empowered committee of state finance ministers would meet on December 6 to arrive at a consensus on constitution amendments needed for GST," a union finance ministry official told PTI.

        The Centre's proposal for a GST council to effect changes in GST besides a Dispute Settlement Body as part of constitution amendment bill has not been agreed to by some states.

        Goods and Services Tax proposal seeks constitutional amendment and institutional bodies amid Centre-state disagreement on governance. The core legal matter is the proposed Goods and Services Tax and the constitution amendment required to implement it, with state finance ministers meeting to reach consensus on replacing multiple taxes and on institutional mechanisms. Central to negotiations are the proposed GST council to govern tax changes and a Dispute Settlement Body to resolve intergovernmental disputes, proposals that some states have not accepted.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Goods and Services Tax proposal seeks constitutional amendment and institutional bodies amid Centre-state disagreement on governance.

                                The core legal matter is the proposed Goods and Services Tax and the constitution amendment required to implement it, with state finance ministers meeting to reach consensus on replacing multiple taxes and on institutional mechanisms. Central to negotiations are the proposed GST council to govern tax changes and a Dispute Settlement Body to resolve intergovernmental disputes, proposals that some states have not accepted.


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