Finance Minister Arun Jaitley today said the government is confident of the new Goods and Services Tax (GST) regime to roll out from the next fiscal. Addressing a press conference in Hong Kong on the last day of his four-day visit to Singapore and Hong Kong, Mr Jaitley exuded confidence that GST would be passed in the Rajya Sabha as well in the next session. He said it is not necessary to implement it from April 1 next year itself as it is a transactional tax and can come into effect from the first date of any other month as well.On direct taxes and the pending disputes regarding some foreign companies, including Vodafone, Mr Jaitley said most of the past issues have been resolved either by expeditious judicial adjudication process or by asking expert panels.