NEW DELHI: Ensuring GST rollout from April 1, 2017, Finance Minister Arun Jaitley on Thursday said that the government is working to build consensus on tight issues like jurisdiction of assessees.
“GST has to be implemented latest by September 16, 2017, and if it is not implemented by then, then states will not be able to collect their share of taxes, and hence there is not enough scope to further delay the decision,” Jaitley said while inaugurating the two-day Economic Editors’ conference,
So far the government has been successful to resolve most of the major issues through consensus, Jaitley said, adding “We have already sorted out 10 issues. The issue of dual control still remains, there is no reason why we will not be able to work out a reasonable solution on this.”
As per the GST Constitution Amendment Bill, which was notified on Sept 17, 2016, the government is required to complete the implementation process of GST within a year.