Hopefully GST will sail through - Celebania


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Wednesday 3 August 2016

Hopefully GST will sail through

The much delayed bill to amend the constitution and introduce a Goods and Services Tax is scheduled to be moved by Finance Minister Arun Jaitley in the Rajya Sabha on Wednesday, with the government hoping it will sail through after the additional levy of 1 percent proposed earlier was scrapped.

The bill, technically called the Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014, will make provision for introduction of Goods and Services Tax in the Constitution. The government on Tuesday appeared confident of getting the bill through the upper house, where it is in minority, saying it was positive that all parties will support the bill. 

"There is a consensus among all parties regarding the importance and requirement for the GST bill. The bill is coming after much deliberation and we are positive about the outcome. We are confident all parties will come together to get the bill passed," said Parliamentary Affairs Minister H.N. Ananth Kumar.

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