With the lapse of DTC as announced by the Finance Minister in the Parliament, is there going to be a new law akin to DTC in a new avatar in the near future ?
CA ANKUSH AGGARWAL
(CHARTERED ACCOUNTANT)
(2782 Points)
Replied 13 December 2014
yes..but present governmnet is more keen to introduce GST act in priority to DTC
Sathish M
(Management Accountant)
(40581 Points)
Replied 17 December 2014
Yes, today the Cabinet has cleared the Constitutional Amendment GST Bill, which will be laid in the Parliament for its passage, probably in the winter session and hope it gets cleared in both houses, so that the same becomes applicable from 1st April 2016.
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