Jharkhand assembly ratifies GST bill

IANS  |  Ranchi 

The assembly unanimously passed the Goods and Services (GST) Bill, 2017, at a specially convened session on Thursday.

Urban Development Minister C.P. Singh tabled the Bill in the house.

Main opposition Mukti Morcha (JMM) legislator Stephen Marandi had suggested two amendments but those were not moved.

As the bill was passed, the JMM legislators came to the well of the house shouting slogans against the amendments to two key land acts of the state.

"has been passed unanimously. The JMM legislator did not move any amendments. Now it will pave the way for one country, one tax," Singh told reporters.

"is a producing state and it may suffer some losses. The central government has agreed to compensate the losses taking 2015-2016 as the base year," the minister said.

--IANS

ns/nir/vt

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Jharkhand assembly ratifies GST bill

The Jharkhand assembly unanimously passed the Goods and Services Tax (GST) Bill, 2017, at a specially convened session on Thursday.

The assembly unanimously passed the Goods and Services (GST) Bill, 2017, at a specially convened session on Thursday.

Urban Development Minister C.P. Singh tabled the Bill in the house.

Main opposition Mukti Morcha (JMM) legislator Stephen Marandi had suggested two amendments but those were not moved.

As the bill was passed, the JMM legislators came to the well of the house shouting slogans against the amendments to two key land acts of the state.

"has been passed unanimously. The JMM legislator did not move any amendments. Now it will pave the way for one country, one tax," Singh told reporters.

"is a producing state and it may suffer some losses. The central government has agreed to compensate the losses taking 2015-2016 as the base year," the minister said.

--IANS

ns/nir/vt

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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