Long road for GST regime – Deccan Herald

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The rollout of Goods and Services Tax (GST) regime appears set for the long haul with the Modi government refusing to give in to the Congress demand to put a Constitutional cap on the GST rate.

The Congress also was in no mood for a compromise insisting that the Business Advisory Committee of Parliament was the right forum for such discussions and that it did not believe in talking through the media.

“We will cross the bridge when we reach it,” Leader of the Opposition in the Rajya Sabha Ghulam Nabi Azad said. He was asked to comment on Arun Jaitley’s remarks expressing difficulty in capping the GST rate and mentioning it in the Constitutional amendment Bill.

Speaking at the India Today Conclave, Jaitley said he expected the Congress to come on board this year as the numbers in the Rajya Sabha were “changing significantly” at this stage of biennial elections to the Upper House.

As many as 72 seats are falling vacant in the Upper House this year and the government hopes that the reduced numbers of the Congress would force it to back the bill that seeks to implement indirect tax reforms.

Source: http://www.deccanherald.com/articles.php?name=http%3A%2F%2Fwww.deccanherald.com%2Fcontent%2F535236%2Flong-road-gst-regime.html

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