FM Arun Jaitley confident of meeting rollout date; Existing levies to continue till September 2017
FM Arun Jaitley, while speaking at the fourth meeting of Parliamentary Consultative Committee attached to the Ministry of Finance, affirms that Govt. is following the roadmap for April 1, 2017 rollout of GST, as per schedule; Says that till September 16, 2017, Constitution empowers Central Govt. to levy excise duty on manufacturing and service tax on supply of services, and similarly, the State Govts. to levy sales tax / VAT on sale of goods; Members of Consultative Committee...