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GST roadmap preparation to gather pace
May, 15th 2007
The preparation of a roadmap for introduction of a national level goods and services tax (GST) from April 1, 2010 is likely to gather pace, with the Union Finance Ministry formally issuing an order that the VAT Panel would work with the Centre on this front.

Official sources said that the order states that the Empowered Committee of State Finance Ministers on VAT, also known as the VAT Panel, would work with the Central Government to prepare a roadmap for introducing GST in the country from April 1, 2010.

The VAT Panel would also deal with all the related matters, they added.

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