Revenue Secretary Hasmukh Adhia said work on GST has to be on war footing from now on.
New Delhi: With the Rajya Sabha approving the long-delayed Goods and Services Tax (GST) Bill, the government will on Thursday announce the implementation roadmap for the national sales tax regime, Revenue Secretary Hasmukh Adhia has said.
"It is only end of a beginning. The real work starts now," he said. "We will announce implementation roadmap tomorrow," Mr Adhia said on Wednesday.
Stating that work has to be on war footing from now on, he said, "We want to implement it as soon as possible."
In the biggest tax reform since Independence, the national sales tax or GST Bill was earlier in the day approved by the Rajya Sabha to replace a raft of different state and local taxes with a single unified value added tax system to turn the country into the world's biggest single market.
The 66-year-old Constitution, which gives power to Centre to levy taxes like excise, and empowers states to collect retail sales taxes, was amended though the 122nd Constitution Amendment Bill.
The legislation was approved by the upper house with 203 votes in favour and none against, after a seven-hour debate.
"It is only end of a beginning. The real work starts now," he said. "We will announce implementation roadmap tomorrow," Mr Adhia said on Wednesday.
Stating that work has to be on war footing from now on, he said, "We want to implement it as soon as possible."
In the biggest tax reform since Independence, the national sales tax or GST Bill was earlier in the day approved by the Rajya Sabha to replace a raft of different state and local taxes with a single unified value added tax system to turn the country into the world's biggest single market.
The 66-year-old Constitution, which gives power to Centre to levy taxes like excise, and empowers states to collect retail sales taxes, was amended though the 122nd Constitution Amendment Bill.
The legislation was approved by the upper house with 203 votes in favour and none against, after a seven-hour debate.
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