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GST likely to be introduced shortly: Sitharaman

GST likely to be introduced shortly Sitharaman NEW DELHI: The proposed new indirect tax regime, Goods and Services Tax, is likely to be introduced shortly, the government said on Tuesday.

“GST is likely to be introduced shortly…,” Minister of state for finance Nirmala Sitharaman said in the Rajya Sabha while answering a question on Central Sales Tax payment to Chhattisgarh.

In the written reply, she said CST compensation to the states for 2011-12 and 2012-13, along with balance amount of 2010-11 is under consideration as per the recommendation of the Empowered Committee.