The Gujarat Assembly passed the Goods and Services Tax (GST) Constitution Amendment Bill.
Introducing the GST Bill at the Assembly, Nitin Patel stated that before this, union government had the autonomous right to levy and collect tax on services. With this amendment, this right will be passed on to the states. Services have about 50 per cent share in country’s gross domestic product (GDP) which is gradually increasing. The Bill will provide the states to collect taxes from service sector.
The GST Constitution (122nd Amendment) Bill was passed by the Lok Sabha earlier in this month.
Gujarat became sixth to have passed the GST Bill, which requires approval from at least 15 state legislatures before the President notifies the GST Council.
