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India President ratifies April 2017 GST

  • GST
  • 10 September 2016 | Richard Asquith

India President ratifies April 2017 GST

The Indian President has given his assed to the constitutional amendment to implement a new Goods & Services Tax (GST) from 1 April 2017.

The issue of the nationwide rate for the consumption tax has not yet been resolved. It is likely to be between 16% and 18%. A new Council is to be formed to review this issue.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.