ISLAMABAD The government has once again delayed the implementation of Reformed General Sales Tax till December 1, as it could not complete the process of the RGST draft bill before earlier announced date of November 1. The draft of RGST system will be dispatched to the National as well as Provincial Assemblies on October 22 for its approval, said a senior governments official on the condition of anonymity. While National Assemblys session is likely to start from November 1, which means that the government could not complete the process of legislation before the earlier announced date. The legislation process would also take some time. According to the governments official, all parliamentary procedures would be completed before its implementation in the country. On a query, he said, We had taken the International Monetary Fund (IMF) on board regarding the new date of implementation of RGST in the country. He was of the view that the rate of RGST could be reduced from the existing rate of 17 percent, however, he did not inform about the new GST rate. The Centre and Provinces are agreed on all the issues related to GST on services sector and there is no deadlock between them, however, negotiations on collection of GST on just five services continues and they will finalise well before time, the official further said. The government at the time of annual budget 2010-11 had announced to bring Reformed General Sales Tax in the country from the start of second quarter (October) of the current financial year 2010-11, however, due to the differences with provinces on collection on services sector, the government was unable to introduce it well on time. Therefore, it was delayed to November. Meanwhile, due to delay in its legislation on RGST, it was further delayed to December. Besides legislation of its draft, the government is yet to decide about the rate of RGST. However, the sources in the Federal Board of Revenue (FBR) told TheNation that it could not bring down to 15 percent as was announced in the annual budget. He explained that it could either be at 16 percent or 17 percent, as floods had changed the economic situation of the country.