AnalysisFinanceInFocusNewsPolicies

PM Modi Reviewed the GST Implementation Process

Sharing is caring!

 

In order to ensure the accuracy of GST Implementation planning as per the scheduled dateline of 1st April, 2017 for GST implementation, Prime Minister Narendra Modi reviewed the progress made on various steps needed for the rollout of GST relating to preparation of Model GST laws and rules to be framed, establishment of IT infrastructure for both Centre and States, training of officers of Central and State Governments and outreach for awareness of trade and industry.

NEW DELHI: The meeting was attended by Union Finance Minister Arun Jaitley, both the Ministers of State for Finance, senior officers from the Prime Minister’s office and Finance Ministry.

The Prime Minister directed that all steps must be completed much before 1st April, 2017.

The Prime Minister observed that GST Council would need to have intensive meetings to be able to make timely recommendations relating to its mandate provided in Article 279A including making recommendations relating to Model GST laws, GST rates, goods and services that may be subjected to or exempted from GST.

Read More About GST 

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: