Rajasthan Assembly ratifies GST Bill

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The Rajasthan Assembly unanimously ratified the Constitution Amendment Bill on Goods and Services Tax (GST) passed by Parliament. 

Speaking on the resolution, Chief Minister Vasundhara Raje said that the GST will have a very positive impact and states including Rajasthan will get advantages.

After the discussion the bill was unanimously ratified by the assembly on the second day of the session. Opposition members kept raising slogans against the cow deaths in Hingaunia gaushala during the debate on the GST.

After the ratification of the GST bill, the Speaker adjourned the House sine die. The Constitution (122nd Amendment) Bill, 2014 on GST was passed by Parliament recently and it 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.

On Thursday Odisha Assembly had ratified the GST Bill. Odisha was the 16th state to ratify it.

The government has set April 1, 2017 as target for rolling out GST, considered the biggest tax reform in the country.

Read more at: http://indianexpress.com/article/business/rajasthan-assembly-ratifies-gst-bill-vasundhara-raje-3010014/