GST to be implemented from april 1, 2016

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by w4wealth, Nov 28, 2015.

  1. w4wealth

    w4wealth Well-Known Member

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    Friends, share your opinion.
     
  2. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    It can never be 1st April 2016. We are already in Dec 2015. Lot of paperwork is required. So 1st April 2017 is earliest.
     
  3. w4wealth

    w4wealth Well-Known Member

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    No - bill is already ready and only it needs to be passed in lok sabha and rajya sabha. only problem is majority of ruling party in rajya sabha to pass the bill. reqd majority is 2/3 .
     
  4. New_Investor

    New_Investor Active Member

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    Right Mukherjee sir. As on date BJP has not been able to get the GST Bill cleared. Both the parties have agreed to sit down and discuss in the matter very seriously. But whether these discussion will be fruitful or not. Can't say. Even if BJP is successful in getting the GST Bill cleared, as you said "Lot of paperwork is required. So 1st April 2017 is earliest."
     
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