PANAGARIYA 2 LAST

first_imgAsked if there is a possibility of rolling out Goods and Asked if there is a possibility of rolling out Goods and Services Tax from April 1 next year, Panagariya said, “In politics you can never say that anything is over. Things can change, turnaround. I would not rule out that as a possibility.” Yesterday, Finance Minister Arun Jaitley had said that he wants the GST to be implemented from April next year, but warned that the new indirect tax regime may get delayed by sometime if the Congress continues to obstruct it. The Constitution Amendment Bill for roll out of GST has been passed in the Lok Sabha, but is yet to be approved by the Rajya Sabha where the ruling BJP does not enjoy majority of its own. “On the other hand if it delays .. its okay. It is a process. It started 10 years ago. If not in April may be 6 months later it can be rolled out,” Panagariya said. PTI DP CS ABD MRlast_img read more