July 1 rollout firm, deadline eased to file GST returns


NEW DELHI: The new universal taxation regime would be launched officially at the stroke of midnight on June 30, the Goods and Services Tax Council said on Sunday, even as it relaxed the rules on filing returns for businesses for a period of two months.
“We don’t have the luxury of time to defer the implementation of GST,” Finance Minister Arun Jaitley said after the Council meeting on Sunday. “The GST Council has categorically decided that it would be implemented from July 1.”
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