Find Out Why Goods and Services Tax Rollout May Be Delayed Till September

The deadlock over the Goods and Services Tax continued with the Centre and states refusing to budge from their respective positions on issues like control of tax payers and taxing high sea trade, a stalemate that threatens to delay the rollout till September. The two-day meeting of the all-powerful GST Council made little headway in brokering a solution even as non-BJP ruled states saw September as more likely deadline for the rollout of the indirect tax regime. The next meeting of the GST Council, headed by Union Finance Minister Arun Jaitley and comprising state representatives, on January 16 would discuss the issue of jurisdiction over assessees as well as try to reach a finality on taxation of territorial waters.