The Endless Wait for GST
01 Apr 2015 0 comment(s) Articles and Essays
(This note appeard on wordpress blog-site on 1 April 2015)
It has been almost a decade and we are still waiting for that revolutionary reform in tax regime in India which would be ushered with the introduction of GST - Goods and Services Tax!
But the wait now appears to be endless. With the new dispensation at Delhi, there are renewed hopes, but... As of now, the next roll out date is 2016 though we already have seen so many announcements by our Finance Minister in past.
Let us hope that this time it materializes!
A deeper examination of administrative and operational issues was done by me in a paper published in EPW. Though it was published in late 2012, the wait has made it much more relevant today. You may find it interesting.
A downloadable pdf file is attached below. The link to EPW article is as follows:
https://www.epw.in/journal/2012/17/special-articles/administering-goods-and-services-tax-india.html
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