“We are getting constitution amended for GST on which discussions have been on since long…since Congress’ time. I am confident that we will do those amendments and pass the GST,” Singh said.
Speaking at a function in Karnataka, Government has listed the Constitutional Amendment Bill for introduction of GST in Rajya Sabha for consideration and passage.
“Due to lot of structural and procedural changes that we have brought in and due to foreign direct investments, also by integrating certain new things to our economic system we can proudly say that India is today the fastest growing economy in the world,” said Home Minister.
Minister of State for Parliamentary Affairs Mukhtar Abbas Naqvi also expressed confidence on the passage of the Goods and Services Tax bill saying that it will attack corruption and subsume most of the indirect taxes.
The constitutional amendment bill on GST, which had earlier been passed by the Lok Sabha, has again been listed Sources said if the bill is passed by the Rajya Sabha with amendments, it has to be taken up in the Lok Sabha again.
Government is making efforts to hammer out a consensus on the bill and reaching out to opposition parties. Congress has described the exercise as “constructive and positive”.
The government is keen to get the GST Bill approved during the Monsoon Session of Parliament ending on August 12.
The GST Bill, which intends to convert 29 states into a single market through a new indirect tax regime, was earlier planned to be introduced from April 1 this year, but the deadline was missed as the legislation to roll it out remains in limbo in the Opposition-dominated Rajya Sabha.