“The constitution amendment to implement GST is not there on the agenda of Empowered committee of state finance ministers meeting on Monday,” a key source told PTI. The dropping of crucial issue of constitution amendment would further delay introduction of Goods and Services Tax (GST), which is likely to miss the deadline of April 1, 2011.
Constitution amendment is needed because under current scheme of things the Centre cannot impose tax beyond manufacturing and states cannot impose service tax. Now, state finance ministers will discuss GST structure, rates for GST and Central Sales Tax (CST) compensation issue.
Published 05 December 2010, 14:58 IST