GST ratification: Arunachal Cabinet approves special Assembly session

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The Arunachal Pradesh Cabinet has approved summoning of a ‘special’ session of the state Assembly to ratify the Constitution Amendment Bill on the Goods and Services Tax (GST) for its implementation in the State. However, the date for the session was not finalized. The Cabinet meeting presided over by Chief Minister Pema Khandu in Itanagar on Saturday approved summoning of the special session.

Khandu, in his 70th Independence Day speech, had announced that the state government was committed to implement the GST regime in the state as per the guidelines and norms fixed by government of India. “GST implementation will ease the process of Registration, Return Filing and Refund Claims as all will be done electronically through an online system.

GST will reduce the burden of tax on consumers by totally eradicating ‘Tax on Tax ‘(Cascading effect) and multiplicity of taxes,” Khandu had said. The Cabinet, after a threadbare discussion on all the announcements made by the chief minister in his Independence Day speech, ratified the same and directed all the Commissioners and Secretaries to come out with a time bound action plan for their implementation.

Specific directives were issued to all the departments concerned for preparation of a holistic roadmap to ensure successful and timely implementation of all the schemes as announced by Khandu, the communiqué added.

Read more at: http://indianexpress.com/article/business/economy/gst-ratification-arunachal-cabinet-approves-special-assembly-session-2988807/

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