1. GST Council meeting ends, no decision on dual control

GST Council meeting ends, no decision on dual control

Dual control has been one of the key issues preventing Central Government from meeting the April1st deadline.

By: | New Delhi | Updated: January 4, 2017 6:28 PM
gst dual taxation, gst bill, goods and sevice tax, goods and service tax bill dual control, dual control issue good and service tax Dual control has been one of the key issues preventing Central Government from meeting the April1st deadline.

States and Centre have been unable to reach any consensus on the issue of dual control in administrative control of Goods and Service tax, Finance Ministry said after a GST Council held a meeting on Wednesday. Dual control has been one of the key issues preventing Central Government from meeting the April 1st deadline. The next meeting of the council will be held on January 16.

In council’s last meeting, Union Finance Minister Arun Jaitley had said that GST’s primary drafts for Central Goods and Service Tax (CGST) and State Goods and Service Tax (SGST) have been approved. However, no consensus was reached on the issues of dual control and cross empowerment issues still remain to be resolved.

There is an issue with Integrated GST (IGST) Bill and dual control regarding division of jurisdiction and administrative powers over tax assesses between the Centre and the states.

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Notably, three Bills relating to GST, namely, the CGST Bill, the IGST Bill and the Bill for compensating states for revenue losses following the implementation of GST have missed the initial deadline of passage in the Winter Session of Parliament. Following the clearance by the GST council, all the draft Bills are likely to be presented in the Session of Parliament. Subsequently, states will have to pass their state GST Bills in their respective assemblies. The primary tussle between the Centre and the states is over the taxpayer base of VAT, excise and service tax after the rollout of the proposed indirect tax regime.

 

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