10 February 2017
Sir, the Bill has to get passed before September otherwise there will be a constitutional crisis, with there being no indirect tax law at that point in time. Government in its effort is taking measures for it implementation as early as July 2017. However, it is the Parliament which needs to pass this Bill first and there is significant movement at the GST Council meeting in this direction. We hope economic sense prevails over political one-upmanship in the larger interest of the nation.
CAclubindia
