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Gujarat not ready for GST implementation: state govt

Posted Date : 26-Mar-2011 , 10:25:26 pm | Posted By CASANSAAR print Print

Though the Goods and Services Tax (GST) bill has been tabled in the Lok Sabha, the Gujarat government today said in the state Assembly that it was not ready to implement it.


Minister of State for Industries, Saurabh Patel, told the House that state government was not prepared to implement GST as it would take away state's autonomy in taxation and inflict revenue-loss of over Rs 3,000 crore.

"It is not just the BJP-ruled states which are opposing the implementation of GST, even the Tamil Nadu Chief Minister M Karunanidhi has refused to implement it," Patel said during a debate on budgetary demands of Finance Department.
PTI

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