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Interestingly, GST discussion started in 1986-8, and it took
almost 30 years to get implemented in India!
Let me watch how GST rolled out in all these years.
Prime Minister of India
VP SinghintroducedmodifiedVAT(Value
Added Tax)
i.e., MODVAT
laidthe foundation of the onlytax systemin the
country
Finance minister
Finance minister Manmohan Singhintroduced
service tax
WhenAtalBihari Vajpayeewas PM, and
Yashwant SinhawasFM, it was decided to
maintaina uniformrate for the sales taxes
between the states
Prime Minister of India
Thenfinance ministryadvisorVijayL Kelkar
suggested a comprehensive GSTin country’s
interest.
Finance Ministry
Advisor
P Chidambaramcampaignedfor the
introduction of VATto provide financial
assistance to thestates.
Finance Minister
NewFMPranabMukherjee announcedthe basic
structure of GST.
Finance Minister
UPA Government started the computerization project of commercial tax in
states whichpushed implementation of GSTin Indiaby one year.
Manmohan Singhintroducedthe
Constitution Amendment Bill in Lok Sabhato
implement GST. Following a protest by the
opposition party, the Bill was sent to standing
committeefor detailedexamination.
Prime Minister of India
FMChidambaraminteracted withstatefinance
minister to resolveall issues.
Finance Minister
StandingCommittee submittedits report to Parliament.The panel gave its
approval withsome amendments.
FMArun Jaitleypresentedthe bill in
Parliament.
Finance Minister
The Lok Sabhapassedthe GST ConstitutionAmendment Bill.
The bill is not passed in the Rajya Sabha.
The Congress-led opposition finallyagrees to the bill after fourbroad
amendments.The bill was passedin the Rajya Sabha.
Finally, GSTwasimplemented all overthe country.
O My God, implementation of GST took a lot of years to be
implemented. But I know – Good things always take time.
Sources:
http://www.sifytechnologies.com/services/get-gst-ready-sap/
https://www.pexels.com
https://timesofindia.indiatimes.com/india/How-GST-will-be-
implemented/articleshow/53538865.cms
https://timesofindia.indiatimes.com/gst/infographics/30-years-to-
gst/articleshow/59387995.cms
https://en.wikipedia.org
http://www.itinformers.com/get-ready-tax-transformations-gst-sap-solutions/
https://pixabay.com/
https://www.youtube.com/watch?v=Qxf0ZfIVBzA
Journey of the implementation of gst in india

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Journey of the implementation of gst in india