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GST- Roadmap follows like this

4 Aug, 2016 17:16 IST|Sakshi
Central government is exercising to implement Goods & Service Tax from April 1, 2017.

New Delhi: The following is the Roadmap for implementation of the Goods and Services Tax (GST) from April 1, 2017, as announced by Revenue Secretary Hasmukh Adhia.

* Ratification of GST Bill from at least 16 states in 30 days

* Cabinet nod for GST Council after President’s assent

* Recommendation of model GST laws by GST Council

* Cabinet nod for the CGST and IGST laws

* Similar approval for SGST by all states

* Passage of CGST, IGST laws in the upcoming winter session

* Notification of GST Rules by March 31, 2017

* Software for GST to be ready by December 2016

* Testing, integration of GST software from JanuaryMarch

* Training of state, central officials to be over by December

* Stakeholder consultation to be completed by March 2017

* VAT/Service tax/Central Excise to migrated to GST system


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