GST deadlock over as states resolve contentious issues: Modi

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PTI: Bhubaneswar, Jan 30 2013, 07:05 IST
Sushil Kumar Modi.jpg
GST structure between the states and the Centre.

Introduced in Lok Sabha in March 2011, GST Constitution Amendment Bill is with the Standing Committee on Finance.

Modi had yesterday said that the states desire that the GST should be rolled out in next fiscal, failing which they would revert to the CST levy of 4 per cent.

Finance Minister P Chidambaram recently said that even as GST Bill is unlikely to be passed by April 2013, he hopes to introduce it in the Monsoon session.

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