It has taken 15-odd long years for the GST Bill to finally wind its way into the Parliament. In 2000, Vajpayee, the then PM, had initiated the discussion on GST by setting up an empowered committee. Then during the UPA-1, Chidambaram announced that GST would roll out from 1st April 2010. But we all know that it didn’t make that deadline. GST needed all the States and the Centre to be on one common understanding, since it is a tax reform which moots uniform Indirect Taxation all over India. Of course even UPA 2 failed to develop any sort of consensus, even after being in power for 10 years. Then how did a BJP government manage to achieve this within 10 months? More on: bhaksala/how-the-government-swung-the-gst-act-around/
Posted on: Mon, 22 Dec 2014 16:55:12 +0000
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