New Delhi, January 07: The Government is likely to miss the April 1 deadline to introduce the Goods and Services Tax (GST), and a decision on a fresh date is expected tomorrow.
“Tomorrow we will discuss the new date for introduction and compensation formula to the states with the Union Finance Minister,” Empowered Committee of State Finance Ministers chairman Asim Dasgupta said here today.
Dasgpupta, who is also the finance minister of West Bengal, said, “together (the empowered committee and the Union Finance Minister) we will announce a new date,” Dasgupta told reporters after a meeting of the state finance ministers here today who were discussing a revenue neutral rate for the GST.
The state finance ministers will meet Finance Minister Pranab Mukherjee here tomorrow, Dasgupta added.
-Agencies