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GST rollout: Live updates

WION Web Team New Delhi, Delhi, India Jun 30, 2017, 12.36 PM (IST)

2017-06-30 18:06:00

The Indian government will roll-out the nationwide goods and services tax with a ceremony in Parliament on midnight today.

The GST, an indirect tax, will replace about 20 central and state taxes including central excise and sales taxe, service tax, all forms of entry tax, entertainment and amusement tax.  

Many parties including the Congress, Trinamool Congress (TMC), the Left, DMK, Samajwadi Party and the RJD have decided to skip the event in Parliament today, dismissing it as a 'publicity gimmick'. Many such as the TMC feel that the country has rushed into the tax reform and does not have the structures in place to usher GST

Live updates

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2017-06-30 18:07:00

With implementation of GST from 1st July 2017, the existing tax payers do not have to apply for  any fresh registration: Minister for Transport Nitin Gadkari

2017-06-30 18:10:00

At midnight of 30th June, 2017, freedom and democracy stand to face grave danger. The mockery of Inspector Raj is back: Mamata Banerjee
 

2017-06-30 18:14:00

Given the atmosphere in country of vindictively targeting anyone who dares to disagree with the Central government. I am deeply concerned that the arrest clause in GST may well be used to target business leaders who raise voice of dissent on any policy matter/any practices: West Bengal chief minister Mamata Banerjee
 

2017-06-30 18:42:00

A special session of the Jammu and Kashmir assembly is being held from July 4 to discuss the implementation to build consensus over the implementation of GST in the state: ANI
 

2017-06-30 19:13:00

GST will make India a formal, easier and simpler, a more revenue generating economy and one tax, one country economy. Will give a push to 'Make in India': Niti Ayog CEO Amitabh Kant

With a simplified compliance model and free flow of goods and services, Indian Start up & E-commerce scene will get a big impetus: Amitabh Kant

160,000 new businesses register on GSTN (Goods and Services Network) in four days! New businesses have 30 days to register on the GSTN portal beginning June 25: Amitabh Kant

Government spending higher by 55% in April-May. Capital expenditure rose 63% to 54000 Cr fm 33000 cr last yr. Will provide a jumpstart to economy: Amitabh Kant

2017-06-30 19:42:00


 

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2017-06-30 20:01:00

 

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2017-06-30 20:01:00

 

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2017-06-30 20:32:00

 

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One major decision which was raised in response to a number of representations against 12% rate, some felt it may increase burden on farmers: Finance Minister Arun Jaitley

 

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2017-06-30 20:40:00

 

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2017-06-30 20:43:00

 

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2017-06-30 20:47:00

 

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2017-06-30 20:57:00

 Here's the schedule for the mega-event
 

10:55 pm: President arrives at Parliament House
11:00 pm: President arrives at Parliament's Central Hall 
11:01pm: National Anthem to be played, followed by introductory remarks by Finance Minister Arun Jaitley
11:10pm: Presentation on GST 
11:15pm: Address by Prime Minister Narendra Modi
11:45pm: Address by the President of India
12:00am: Launch of GST
12:04am: Playing of the National Anthem
12:05am: President leaves

 

2017-06-30 21:04:00

Those who will be present for the launch ceremony include President Pranab Mukherjee, Vice President Hamid Ansari, PM Modi, Finance Minister Arun Jaitley, Former PM HD Deva Gowda, Lok Sabha Speaker Sumitra Mahajan, actor Amitabh Bachchan, industrialist Ratan Tata, former Punjab CM Parkash Singh Badal, National Conference leader Abdul Rahim, former GST Council chairman Sushil Kumar Modi, Former finance minister of West Bengal Asim Dasgpta, Former finance minister of Kerala  KK Mani

2017-06-30 21:12:00

Also present will be BJP president Amit Shah, former finance minister Yashwant Sinha, RBI Governor Urjit Patel, former governors Bimal Jalan, YV Reddy and D Subbarao, Comptroller Auditor General (CAG) Shashi Kant Pai, former CAG Vinod Rai, TN Chaturvedi, Niti Ayog vice chairman Arvind Panagariya, Metro Man, E Sreedharan, journalist S Gurumurthy, father of the Green Revolution MS Swaminathan, UPSC Chairman David R Syiemlieh, Chairman Central Board of Excise & Customs Vanaja N Sarna and Chairman of Central Board of Direct Taxes Sushil Chandra

2017-06-30 21:15:00

 

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2017-06-30 21:15:00

 

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2017-06-30 21:29:00

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2017-06-30 21:43:00

Finance minister Arun Jaitley addresses media after 18th meeting of the GST Council. 

Next three GST Council meeting will be on 1st Saturday of the month starting from August.

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2017-06-30 21:50:00

 

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2017-06-30 21:51:00

 

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2017-06-30 22:05:00

Next three GST Council meetings to be held on the first Saturday of the month starting from August 2017: ANI

2017-06-30 22:06:00

 

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2017-06-30 22:36:00


Kashmir Traders and Manufacturers Federation call for bandh and protests across the Valley against the implementation of GST in the state: Reports

Prominent trade bodies and civil society members have threatened to launch a “civil disobedience movement” if the state government goes ahead with implementing GST


The J&K government is demanding a say in the imposition of taxes by the GST Council.  It wants safeguards for protection of Section 5 of the J&K Constitution which gives powers to it to impose taxes. The state government wants a Presidential order to be issued under Article 370 which accords it special powers to legislate on financial matters

2017-06-30 22:44:00

Joint session of Parliament to begin at midnight. MPs to mark the beginning of the new tax regime.

Only three midnight sessions of the Parliament have been held till date

2017-06-30 22:47:00

Lawmakers arrive in Parliament to celebrate launch of GST

2017-06-30 22:48:00

Lawmakers arrive in Parliament to arrive launch of GST

2017-06-30 22:49:00

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2017-06-30 22:52:00

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2017-06-30 22:54:00

PM Modi arrives in Parliament

2017-06-30 23:01:00

 

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2017-06-30 23:02:00

Vice President Hamid Ansari arrives in Parliament

2017-06-30 23:03:00

 

22,000 light bulbs at Parliament House. (Image source: Iftikhar Gilani, DNA) (DNA)

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2017-06-30 23:04:00

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2017-06-30 23:08:00

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2017-06-30 23:09:00

Arun Jaitley opens the GST rollout session in Parliament's Central Hall.

2017-06-30 23:11:00

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2017-06-30 23:12:00

 

The new India will create one tax, one nation and one market: Arun Jaitley

2017-06-30 23:22:00

Former Prime Minister Manmohan Singh skips GST launch event owing to Congress' boycott of the ceremony

2017-06-30 23:23:00

PM Modi starts speaking at GST rollout ceremony 

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2017-06-30 23:29:00

The present GST is the result of a long period of debates and discussions. It is an example of cooperative federalism. It is an example of Team India's collective effort. 

2017-06-30 23:32:00

There was a great deal of doubt but we have managed to overcome all difficulties.

2017-06-30 23:36:00

Sardar Vallabhai Patel united the country politically by integrating all the princely states into the Indian Union and with the implementation of GST, the country is being unified once again economically. 

2017-06-30 23:36:00

Because of myriad of taxes, same commodity is available at different prices in different states but this confusion will be dealt with by the introduction of GST. Because of entry tax, trucks had to wait for long hours and perishable goods were at greater risk of getting spoilt but all this will end because of GST.

2017-06-30 23:39:00

GST is a system that will end corruption and engender transparency and good governance

2017-06-30 23:41:00

The introduction of GST will not put any burden on common man. This new tax system will prove beneficial for the people.

2017-06-30 23:43:00

I hope the traders will pass on the benefits from GST to the common man

2017-06-30 23:44:00

I want to tell the skeptics that with a little effort we can adjust to the new system. GST has had a positive impact on global investor community. 

2017-06-30 23:46:00

GST will provide opportunity to those states that have been lagging behind to grow at a faster pace 

2017-06-30 23:47:00

GST will play an important part in achieving the goal of 'New India' by 2022

2017-06-30 23:49:00

GST is a tax for New India, it is an economic reform and a social reform too

2017-06-30 23:50:00

GST is "good and simple tax": PM Modi

2017-06-30 23:50:00

I express my thanks to the President of India to all those associated with the process of making GST a reality

2017-06-30 23:52:00

President of India Pranab Mukherjee is now speaking on GST

2017-06-30 23:54:00

As finance minister in the previous government, I am privy to the amount of debates and discussions that were undertaken with state finance ministers and chief ministers. I was confident that GST was a matter of time.

2017-06-30 23:54:00

GST is a culmination of 14-year-long process which was first mooted by the Kelkar special task force 

2017-06-30 23:56:00

After the Constitutional amendment was passed last year, a GST Council was formed which has representatives from the Centre and the states. There were a total of 18 meetings and I congratulate the Council for completing the task of fixing the taxes on time. 

2017-06-30 23:58:00

GST is the result of political consensus among different parties who have bridged their difference to come together on one platform

2017-06-30 23:59:00

GST will also make exports more competitive 

2017-07-01 00:00:00

Under GST, tax incidence will be transparent

2017-07-01 00:01:00

GST is similar to the introduction of VAT when there was initial resistance 

2017-07-01 00:06:00

At the midnight hour, with the chants of "Bharat Mata ki Jai", GST is now a reality 

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