September, not July

Unwarranted rush can lead to chaos over the GST

It is a great relief that the country is close to adopting the goods and services tax (GST) regime. The country’s biggest tax reform, which fundamentally alters the taxing capacity and method of the Centre and the states, has taken almost a decade to bring about legislative consensus. The Bills concerned have received parliamentary nod even though there was much acrimony over the government insisting on using the money Bill route. The focus now shifts to seamlessly implementing an efficient GST. 

While the government is in a hurry to implement the GST regime from July 1, it would be advisable to