Saturday, May 28, 2022
HomeGeneralHopeful about GST regime roll out from April: Anant Kumar

Hopeful about GST regime roll out from April: Anant Kumar

Bengaluru: Union Minister for Parliamentary Affairs H N Ananth Kumar today expressed hope about the roll out of the Goods and Services Tax (GST) regime from coming April, saying the government is pushing ahead with the agenda.

Union Minister for Parliamentary Affairs H N Ananth Kumar
Union Minister for Parliamentary Affairs H N Ananth Kumar

“Our discussions with opposition parties and GST council is an ongoing process. I’m confident that once wehave passed the constitutional amendment bill without any opposition in both houses of Parliament, ultimately GST council will also come out with unanimous decisions so that it can be given a legal framework in the Parliament ofIndia,” he said.

Asked how hopeful he was about GST roll out as one approaches April, Kumar said, “We are pushing ahead with the agenda, I’m hopeful.”

The Union Minister was speaking to reporters on the sidelines of the 21st convocation of the National Institute of Mental Health and Neuro Sciences (NIMHANS) here.

The government intends to roll out the GST regime from April 2017, but there are apprehensions that the date will be missed because the all powerful GST Council is yet to iron outseveral vexed issues, includingjurisdiction of the Centre andstate governments over tax payers.

The Council, headed by Finance Minister ArunJaitley and comprising state finance ministers, has so far metseven times after Parliament amended the Constitution forimplementation of GST.

The next meeting is scheduled for January 3 and 4 to decide on the contentious issue of dual control over assesses and the legislation on IGST.

“I am trying my best,” Jaitley had earlier said on the expected April 1 roll out schedule.

“I am not going to bindmyself with anything. Our effort is to do it as quickly aspossible and I think we are making a reasonable headway,” he had said.

On the demonetisation move, Kumar said the Prime Minister’s direct target was those who are in favour of black money, corruption, fake currency and terrorism that originates with its help.

Stating that people of the country are with Modi in his fight against corruption and black money, he said, “Its echo effect was visible in the by-elections at different places.”

He expressed confidence that people would adapt tothe digital economy and cashless transactions in the same way theyhad to electronic voting machines and mobile communication.

Kumar noted that for 50 days people had peacefully cooperated despite difficulties, keeping their faith in the Prime Minister and said, “I salute their courage and will in taking this economic reform to its logical conclusion.



Lateset News

Most Popular

%d bloggers like this: