(IANS)
Union Finance Minister Arun Jaitley on Thursday thanked all political parties for their cooperation and contribution in making the launch of the Goods and Services Tax (GST) possible. In a letter to the presidents of the different political parties, Jaitley said: “With the cooperation of all the political parties, the 101st Constitutional Amendment Act for Goods and Services Tax (GST) was passed by the Parliament and the same was notified on September 8, 2016.”
He said that three laws — GST, Integrated GST and Union Territories GST — have already been passed by Parliament while the State GST law has been passed by 25 states. Jaitley further mentioned that the GST Council, in which all the states and union territories are represented, has met 15 times in the last eight months and has approved the draft laws and GST rates for all the commodities.
