All 4 GST Bills passed in Lok Sabha

March 29, 2017 20:59

After an eight-hour debate, the Lok Sabha has passed all four GST-related bills crucial to the launch in July of the country's biggest tax reform since Independence.

First the Lok Sabha approved the CGST and IGST bills by voice vote and then approved the GST Compensation Bill and UT-GST Bill.

Earlier, while wrapping up the discussion, Finance Minister Arun Jaitley made a strong pitch for a simple tax regime, reminding main opposition party the Congress that seven finance ministers of states it rules have signed off on the provisions of the four bills as part of the GST council.

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