Jaitley said the constitutional amendment gives time till September 15 for introduction of GST but the target date has been kept at July 1.
“So, we have a cushion of two-and-a-half months but it looks like we will be able to begin on schedule,” he said.
Also, a simple IT network has been put in place and there is no multiple forms for filing tax returns, he said.
GST would be a “transformational” system, he said, adding “there could be some small hiccups in the beginning but I think it’s understandable. We will be able to get over this”.
via Arun Jaitley: GST scheduled for July 1 rollout: Arun Jaitley – The Economic Times
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