Days ahead of the July 1 goods and services tax (GST) rollout, rumours of a postponement of the uniform indirect tax have started doing the rounds.However, the government has denied any such move at the moment.Government officials as well as those with GST Network (GSTN) were inundated by phone calls from the industry and traders, all wanting to confirm the speculation."Since morning I have received at least 10 calls asking if the GST is being deferred.There is absolutely no such thought process in the government as of today.July 1 is the rollout date" said a government official involved with the GST´s implementation.Apparently, it all started with a Whats App forward that suggested an internal study of the government had found preparations for the GST rollout were still incomplete.Representatives of a few GST Suvidha Providers were seen calling up officials to know the authenticity of these rumours. Suvidha Providers are the ones which help businesses comply with the GST formalities.To a query over a possible deferment of the GST by a month or two,asenior government official said, “Not true.”
Business Standard New Delhi, 13th June 2017
Business Standard New Delhi, 13th June 2017
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