Recalling the 1 July, 2017 rollout of the central tax regime subsuming various other taxes into one, Commercial Taxes Minister KC Veeramani said the introduction of GST was a "landmark in the field of indirect tax reform."
The passage of GST will show the world that India has finally broken out of the reforms jinx and is ready for its next round of big reforms.
The Samajwadi Party did not open its cards on the issue of supporting the Goods and Services Tax (GST) in Parliament on Friday.
GST explainer part-1: What's the tax all about, how does anti-profiteering work and other basic questions answered
This is the first of a three-part series, helping you decode the whats, whys and hows of GST
GST from 1 July: About 1.3 mn tax, IT jobs open; carpentars, tailors, plumbers to benefit too, says report
On the tax front, there is strong demand for lawyers, chartered accountants, cost accountants and tax consultants
GST: Govt dictating prices goes against free-market spirit; will anti-profiteering law end up as tax terrorism?
Hasmukh Adhia hinted that any price hike by companies before 1 July, even if done for reasons such as higher input cost, may be subjected to enquiries. A veiled threat?
The clause would give enormous powers to the official machinery for harassment
It proposes a tax of collecting and sharing system by integrating existing indirect tax collection schemes.