Gujarat & Chhattisgarh call special sessions to clear GST

RSTV Bureau
Finance Minister Arun Jaitley in the Rajya Sabha

Finance Minister Arun Jaitley in the Rajya Sabha

On Monday, state assemblies of Gujarat and Chhattisgarh convened special sessions to ratify the Goods and Services Tax (GST) Bill that was passed by the Parliament earlier this month.

In Ahmedabad, the Bill has already been introduced. A discussion and voting on it, if necessary, will take place later today.

The state assembly, apart from ratifying the GST Bill, will hold elections for the post of Speaker and Deputy Speaker.

In Chhattisgarh too, a one-day session of the state assembly has been will discuss the GST Bill.  The Bill is likely to be ratified unanimously as the Congress has already pledged its support for the legislation.

However, the Congress continues to maintain that the standard rate of GST should not be more than 18 per cent.

FILE: Union Minister Arun Jaitley briefing the media with West Bengal Finance Minister Amit Mitra, and the Revenue Secretary, Hasmukh Adhia on the meeting of the Empowered Committee on GST, in Kolkata, June 4. Photo - PTI

FILE: Union Minister Arun Jaitley briefing the media with West Bengal Finance Minister Amit Mitra, and the Revenue Secretary, Hasmukh Adhia on the meeting of the Empowered Committee on GST, in Kolkata, June 4.
Photo – PTI

In the national capital, Arvind Kejriwal’s AAP government said it will place the GST Bill for ratification before the Assembly during its four-day session, scheduled to begin later today.

The AAP government has already made it clear that it is in favour of GST, which is set to subsume a number of indirect central and state levies.

Although the AAP government and the BJP-led Central government have been at loggerheads on several issues, the former had said that it will ratify the GST Bill in the Assembly as it will increase the state government’s share in taxes.

The GST bill, which is seen as the single biggest tax reform in a long time, needs to be ratified by at least 15 state legislatures before the President can notify the GST Council which will decide the new tax rate and other issues.