Dual Control

India will likely roll-out a country-wide goods and services tax (GST) from July 1, three months behind the original April 1 schedule, even as the Centre and states hammering out a consensus on Monday on the two thorny issues of “dual control” and taxing rights of goods moved through high seas.

GST rollout likely by July 1, dual control issue resolved: FM

The GST Council finally came to a decision on the long running issue of dual control today, said the Finance Minister Arun Jaitley addressing a media gathering.

Jaitley looks to break deadlock at GST meeting on Monday

Finance Minister Arun Jaitley will tomorrow look to break the deadlock over distribution of powers between centre and states to administer GST, an issue that is holding up launch of the new national sales tax from April.

GST Council meet concludes with no consensus on dual control

The states are demanding a compensation of Rs 55,000crore in case of any losses. Sources say that the states will demand to stick to have control below Rs 1.5 crore threshold. The center is pitching for control over services.

GST: Agreement on 2 laws, but dual control still a thorny issue

The council will again meet during January 3-4 to hammer out an agreement on the issue of dual control or "cross-empowerment".

GST Council to meet today in a bid to end deadlock

The GST Council, led by Finance Minister Arun Jaitley, will brainstorm over the key issue of dual control. Besides, CGST, IGST and compensation law need to be finalised to ensure they are introduced during the Winter Session of Parliament which ends on December 16.

Skeptical about GST passage in Winter Session: Thomas Isaac

Two days ahead of the crucial GST Council meeting, Kerala Finance Minister Thomas Isaac is skeptical about the passage of Goods and Services Tax Bill during the ongoing Winter Session of the Parliament. The GST deadlock raises questions over the April 1, 2017 rollout of the new tax regime.

Centre-state discord on GST dual control worries India Inc: KPMG

The impasse is a matter of concern for the corporates, who feel it may destabilise the economy and hurt business, said Sachin Menon, Head Of Indirect Tax, KPMG.

Consensus eludes GST Council meet; no breakthrough on Day 1

The fifth meeting of goods and services tax (GST) saw no breakthrough as the dual control impasse continued. In tomorrow's eight hour long meet too the dual control hitch will be discussed in the hope of coming to a consensus.

Nilesh Shah flags worries over GST, says quality of rates is key

In the latest episode of Indianomics, Hasib Drabu, Finance Minister Jammu & Kashmir (J&K), S Naren, CIO, ICICI Prudential AMC, Nilesh Shah, MD, Kotak AMC and MS Mani, Sr Director, Deloitte discuss the issue of dual control, and the worries of the financial sector regarding the GST.

GST Council to discuss 3 critical issues on Thursday

With the Union Finance Minister as the Chairperson, the panel of State Finance Ministers and some top officials from the Finance Ministry will have the task of finalising the entire roadmap for the GST rollout

GST Bill to be tabled Wednesday; govt may move 5 amendments

The Centre seems to have arrived at a consensus with opposition parties and sources say the Goods and Services Tax (GST) Constitutional Amendment Bill may be tabled on the floor of Parliament Wednesday.

CNBC-TV18 Exclusive: Amit Mitra says consensus achieved on key GST issues

The Empowered Committee of State Finance Ministers, chaired by West Bengal FM Amit Mitra, today met Union Finance Minister Arun Jaitley to thrash out details of the ambitious goods and services tax (GST) reform.