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GST council is now reaching towards consensus on most issues including Dual Control and power to levy GST on transaction made within the Territorial Water - Most likely date is 1.7.2017 on which the GST would come into effect
Territorial waters GST: Council nearing consensus on dual control and levy powers ahead of planned implementation. The Goods and Services Tax framework is moving toward finalising intergovernmental arrangements, with the Council reported to be converging on contentious administrative and territorial issues. The primary operative developments are a prospective consensus on Dual Control between tax authorities and agreement to vest the power to levy GST on transactions within Territorial Waters, presented as prerequisites to commencement of the GST regime.
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