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GST Bill - Some Glaring Deficiencies


Is there a GST Bill

The provisions under discussion are from the Constitution (122nd Amendment) Bill 2014. This is now stuck with a select committee of RS. Without amending the constitution, how can the UOI or the States table a GST Bill? We are awaiting with bated breath to seek what the GST law will be like. But, we hear only thundering silence from the Governments. There is no public commitment as to when the draft or model law will be placed in the public domain for getting feedback from the stake holders like the taxpayers, banks, professionals, industrial bodies. The promise of introduction of GST from April 2016 seems like a pipe dream.

Gururaj B N 29/06/2015

 

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