Lok Sabha Cleared The GST: Focus Now On Rules

On Wednesday the Lok Sabha cleared the four goods and service tax (GST) Bills.

Lok Sabha Wednesday night showed the green light to four related crucial supplementary Bill, Clearing the decks for the 1st July rollout of the GST that will subsume all stated taxes for a unified tax regime.

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“The House that the GST will make accommodation Slightly cheaper and rates would depend on whether the commodity is used by an ordinary man or a rich man,” Arun Jaitley steered the passage of the Bill.

After voting down of a slew of amendments moved by Opposition parties.

(The Union Territory GST Bill, 2017), (The Compensation to states bill, 2017), (The Integrated GST Bill, 2017) and The Central GST Bill, 2017) were passed.

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Prime Minster Narendra Modi was present in Lok Sabha, he tweeted,