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Media reports and press statements by Government Officials seem to suggest that the Union Government is keen to introduce Goods and Service Tax in the year 2016. While they themselves have given hope of its implementation from 1.4.2016, there seems to be a claim by some quarters that it is possible to implement GST from 1^st October 2016. This article attempts to consider the feasibility of introducing GST in the middle of a financial year by analysing the pro and cons and practical issues.... Read more