Industry goes online to press for GST Bill

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Industry goes online to press for GST Bill

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India’s industry lobbies have started an online campaign to petition political parties and parliamentarians to pass the Constitutional Amendment Bill for the Goods and Services Tax with more than 40,000 people having signed a petition initiated by the Confederation of Indian Industry (CII) on change.org.

The Bill is unlikely to get cleared by the Rajya Sabha in Parliament’s winter session that ends Wednesday.

“At this point of time it is imperative to move forward with GST. It is the need of the hour to pass the Bill and implement GST without any further delay,” according to a CII statement.

All trade bodies had jointly resolved to pursue the passage of the GST bill with political parties last week.

The new indirect tax system would help improving governance and facilitate India becoming a single integrated market, according to the CII.

During the monsoon session, industry captains had initiated a similar petition against constant disruptions in Parliament that made it difficult to pursue reforms.