Expected GST Rollout Date – Between April to July 2017

Introduction

There are different tongues speaking different languages on the expected GST roll out date. As per the most trusted sources, the government is firing all cylinders to meet the due date of April 1, 2017, for GST roll out. However, due to an impact of demonetization in India, the due date of April 1, 2017, is not feasible and therefore it is expected to get delayed maybe by three months.

Important Dates:

Minimum: 1st April 2017

Maximum: 16th September 2017

Range: 5.5 Months.

Most Expected date: 1st July 2017

Here are some speaks from the industry;

“The GST rollout target date is April 1, 2017.”

Revenue Secretary, August 4, 2016

“India's biggest tax reform GST looms, many companies unprepared.”

Time of India, August 3, 2016

“It will be a race against time for GST rollout.”

Times Now, August 3, 2016

“Almost 98 per cent of Indian companies are not ready with software infrastructure, accounting systems and human resources training for the roll-out of the goods and services tax (GST) from April 1, the date when the government is targeting its implementation.”

Rediff.com, August 4, 2016

“We’re ahead of schedule to meet April 1 deadline for GST roll out.”

Revenue Secretary, September 12, 2016

Conclusion

To know more about the GST in India, subscribe to our Monthly magazine on GST.