The Modi administration is once again in overdrive to fix the loose ends of the Goods and Services Tax (GST). It will hold a consultation meeting with States on October 26 to sort out various contentious issues along with the draft reports on business processes on GST registration, refunds and payments. The meeting will also take the eight-point dissent note by Congress members of the Parliamentary Standing Committee that had submitted its report on the GST bill in May this year.
Depending on the outcome of this consultation, the Cabinet Committee on Parliamentary Affairs (CCPA) will meet later in the day on October 26 to decide the date for the winter session of Parliament, where the GST bill must get passed if it has to be implemented from the next financial year beginning April 2016. The CCPA had earlier met on October 21 but could not decide the date for the winter session.