GST from 2010 – If Congress is voted back to power
We will introduce the goods and services tax from April 1, 2010.
The Congress Manifesto states,
“The Congress-led UPA government successfully implemented VAT throughout the country. This has brought abundant revenues to all States. The Indian National Congress now pledges to take the next decisive step and introduce a moderate goods and services tax (GST). Once GST is implemented, all other central and state-level indirect taxes such as VAT, excise duty, service tax, entertainment tax, luxury tax, etc. will stand abolished and bring substantial relief to the aam admi . GST will create a seamless national common market for our farmers, artisans and entrepreneurs and will boost employment. State finances, and more importantly the finances of panchayats and nagarpalikas, will be put on a sound foundation.”