India will soon roll out an IT platform to integrate central and state indirect taxes regime, Finance Minister Pranab Mukherjee has said. "We are working with the state governments for an early implementation of goods and services tax. Towards this end, an IT network called GSTN is being created to ensure integration of the tax systems of the centre and the states," Mukherjee said at the investiture ceremony to confer Presidential Award of Appreciation Certificates to Customs and Central Excise officers. States had given their in-principle nod to launch the IT framework in August and the finance ministry is expected to soon take the proposal to the cabinet for its nod.
Source: Economic Times
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