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Goods and Services Tax

First implement GST at central level- Sinha to Govt

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Parliamentary Standing Committee on Finance Chairman Yashwant Sinha wants the government to first introduce goods and services tax (GST) at the central level and set example for states to implement the indirect tax reform. “I am firmly of the view that the Government of India should introduce GST first at the central level. At the central level you have central excise and you have the service tax. Now, if you first merge the two, you have your own GST.`

Then you present an example to the states that this is how we do GST and the states might follow, Sinha told PTI in an interview.

The senior BJP leader also slammed the UPA Government for its plan to introduce GST Constitutional Amendment bill in the current budget session of Parliament, without taking states on board.

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