India GST possible delay

Fri 11th Nov 2016

The Indian finance minister has hinted that the roll out of the new Goods and Services Tax (GST) may be delayed from April to September 2017.

The new indirect tax was finally approved by the Parliament earlier this year after over 10 years of debate. It will replace a complex set of consumptions taxes, including VAT, CENVAT, Service Tax and Professional Tax.

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