Ahmedabad:
After ratifying the Goods and Services Tax (GST)
Constitution Amendment Bill in August last year, the State Assembly will
sit for a special session on Tuesday to ratify the newly introduced
Goods and Services Tax (GST) Bill, 2017.
The
ratification of the new bill in the State Assemblies is mandatory for
rollout of the new indirect tax regime in the country.
"In
order to implement the GST in the State from July 1, we have decided to
call this special session to pass the Bill," Pradeepsinh Jadeja,
Minister of State for Legislative and Parliamentary Affairs had informed
earlier.
On April 6, the Parliament had passed four legislations thereby paving the way roll out GST from July.
The
Gujarat Assembly Speaker had not pronounced the last budget session
that ended on March 31, 2017, as concluded, thereby leaving a room for a
special sitting to be considered as a continuation of the budget
session.
In August last year, Gujarat had convened a
special two-day session for discussion and ratification of the
Constitution Amendment Bill in August last year. The State had become
the sixth State to ratify the Constitution Amendment Bill as a support
to the ruling NDA government for easy and faster rollout of GST.
After
the passing of the new GST bill in Gujarat Assembly and post the
approval of the law by the Centre, the existing Value Added Tax (VAT)
act will largely be withdrawn. However, the indirect tax in the form of
VAT will continue to be levied on petroleum products such as petrol,
diesel, crude oil, natural gas, liquor and aviation turbine fuel (ATF).
It
is yet to be seen what strategy the Opposition Congress adopts during
the passage of the GST Bill. In the last discussion on the Constitution
Amendment Bill, the entire Opposition was suspended from the House for
creating ruckus over Dalit atrocities issue.
The
leader of Opposition in the State Assembly, Shankarsinh Vaghela, has
demanded three-day session instead of one-day special session.
09 May 2017, 06:32 AM