Madhya Pradesh Assembly passes GST Bill

ANI  |  New Delhi [India] 

The Assembly on Wednesday unanimously passed the Goods and Service (GST) Bill.

Earlier, the passed four Bills without amendments setting the stage for the for the launch on July 1.

Union Minister had said that the will lead to new regime.

The four bills passed on April 6 - the Central bill, the Integrated bill, the Union Territories bill and the compensation - have already been cleared by the Lok Sabha, where the enjoys majority.

Now, a state Bill will be presented in the state assemblies for their approval.

The rates will be discussed by the powerful Council on May 18-19.

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

Madhya Pradesh Assembly passes GST Bill

The Madhya Pradesh Assembly on Wednesday unanimously passed the Goods and Service Tax (GST) Bill.Earlier, the Rajya Sabha passed four GST Bills without amendments setting the stage for the government for the launch on July 1.Union Finance Minister Arun Jaitley had said that the GST will lead to new tax regime.The four bills passed on April 6 - the Central GST bill, the Integrated GST bill, the Union Territories GST bill and the compensation law - have already been cleared by the Lok Sabha, where the government enjoys majority.Now, a state GST Bill will be presented in the state assemblies for their approval.The GST rates will be discussed by the powerful GST Council on May 18-19.

The Assembly on Wednesday unanimously passed the Goods and Service (GST) Bill.

Earlier, the passed four Bills without amendments setting the stage for the for the launch on July 1.

Union Minister had said that the will lead to new regime.

The four bills passed on April 6 - the Central bill, the Integrated bill, the Union Territories bill and the compensation - have already been cleared by the Lok Sabha, where the enjoys majority.

Now, a state Bill will be presented in the state assemblies for their approval.

The rates will be discussed by the powerful Council on May 18-19.

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

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