Telangana Assembly Pass GST Bill

August 30, 2016 15:35
Telangana Assembly Pass GST Bill

Telangana Legislative Assembly on Tuesday passed the Goods and Services Tax (GST) Constitutional Amendment Bill on Tuesday.

Telangana has become the ninth state to give consent to the Bill.  While the Legislative Council passed the Bill unanimously, the Legislative Assembly debated on the Bill. Opposition parties, sought clarifications on the Bill, but supported its passage.

The GST Constitution (122nd Amendment) Bill was passed by the Lok Sabha earlier in this month, with 443 members present in the House voting in favour of the legislation.

At least 16 states are required to give formal consent to Constitution amendment bill on GST. It will be then sent to the GST Council which will decide on the new tax rate as well as centre and state taxes that will be subsumed in the new tax regime. The Council will be constituted after the Constitution amendment bill is notified.

The Act was passed in accordance with the provisions of Article 368 of the Constitution, and must be ratified by more than half of the State Legislatures, as required under Clause (2) of the said article. On 12 August 2016, Assam became the first state to ratify the bill, when the Assam Legislative Assembly unanimously approved it. State Legislatures that ratified the amendment are listed below:

1. Assam (12 August)

2. Bihar (16 August)

3. Jharkhand (17 August)

4. Himachal Pradesh (22 August)

5. Chhattisgarh (22 August)

6. Gujarat (23 August)

7. Madhya Pradesh (24 August)

8. Delhi (24 August)

9. Nagaland (26 August)

10. Maharashtra (29 August)

11. Haryana (29 August)

12. Telangana (30 August)

Also Read: GST bill may get passed in the current session

BY M. DIVYA SRI

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Tagged Under :
Telangana  Assembly  GST Bill