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GST rollout from April next year: A 14-step roadmap

The following is the Roadmap for implementation of the Goods and Services Tax (GST) from April 1, 2017, as announced by Revenue Secretary Hasmukh Adhia.


GST rollout from April next year: A 14-step roadmap

New Delhi: The following is the roadmap for implementation of the Goods and Services Tax (GST) from April 1, 2017, as announced by Revenue Secretary Hasmukh Adhia.

* Ratification of GST Bill from at least 16 states in 30 days

* Cabinet nod for GST Council after President's assent

* Recommendation of model GST laws by GST Council

* Cabinet nod for the CGST and IGST laws

* Similar approval for SGST by all states

* Passage of CGST, IGST laws in the upcoming winter session

* Notification of GST Rules by March 31, 2017

* Software for GST to be ready by December 2016

* Testing, integration of GST software from January-March

* Training of state, central officials to be over by December

* Stakeholder consultation to be completed by March 2017

* VAT/Service tax/Central Excise to migrated to GST system

From Zee News

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