GST will be rolled out from June 30 midnight: Arun Jaitley

Must be prepared for short-term challenges on GST rollout, said Jaitley

The goods and services tax (GST) will be rolled out from June 30 midnight, finance minister Arun Jaitley said on Tuesday, adding that the economy will have to face short-term challenges in implementing the biggest tax reforms since Independence.

While addressing the media in New Delhi, Jaitley said the official launch of the GST will take place on the midnight of June 30 at a function which will be organised in Central Hall of Parliament. 

President Pranab Mukherjee, who had piloted the first Constitutional Amendment Bill to bring in GST in 2011 when he was finance minister with the previous UPA regime,