Why GST 2.0 Roll Out Needs Time; 150 Circulars To Be Finalised

It may seem odd that the 56th GST Council meeting headed by FM Nirmala Sitharaman and state FMs which met for nearly 12 hours could clear the two-slab GST 2.0 reforms on a single day, but will be rolled out only from September 22 (Navratri begins)? Is the Modi government waiting for an auspicious start? The government is not waiting out the austere period of pitru paksha. Official sources say that the government was not really following a Hindu calendar and explained that the roll-out would need preparation of about 150 circulars and this would require working on the details, It was for this reason alone FM Sitharaman had refused to give any media interviews. And ironically, Commerce Minister Piyush Goyal, who had more to do with the failed Indo-US trade deal, was all over TV talking about it. Meanwhile, some details have emerged about how Sitharaman and her team fought and won the September 3 high-stakes late-night battle, with Opposition-ruled states digging in their heels. According to sources, opposition-ruled West Bengal, Punjab, Kerala, and Karnataka strongly opposed rate cuts, citing fear of revenue loss. The meeting, slated to end by 7 pm, dragged late into the night, stretching beyond 9.30 pm. While Punjab and West Bengal eventually softened their stance, Kerala and Karnataka held firm, insisting on concrete assurances from the Centre on compensation. Some even pressed that the decision be postponed till the next day. At this point, Sitharaman told the gathering she was ready to sit through the night if needed, but relief for the people could not wait another day. It was the idea of voting if consensus wasn’t possible that made Kerala and Karnataka eventually climb down.