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Government targets April 2017 launch for GST

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Reuters NEW DELHI
Last Updated : Aug 04 2016 | 12:48 PM IST

NEW DELHI (Reuters) - India should be able to implement a new Goods and Services Tax (GST) in April 2017, a senior finance ministry official said on Thursday after the Rajya Sabha passed a key enabling amendment to the constitution.

Revenue Secretary Hasmukh Adhia said his target was for the necessary majority of states to ratify the constitutional change within 30 days, allowing a new GST Council to finalise legislation that will set the rate and other terms of the tax.

(Reporting by Manoj Kumar; Writing by Douglas Busvine; Editing by Malini Menon)

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First Published: Aug 04 2016 | 12:35 PM IST

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