Modi government to table GST Bills in Parliament today

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(FE)

The Narendra Modi government, which is seeking to roll out GST on July 1, will table supplementary goods and services tax legislations in Parliament on Monday. Union Finance Minister Arun Jaitley will table the bills.The pan-India tax regime will subsume excise, service tax, VAT and and other local levies. Notably, the second leg of budget session will ends on April 12. It has been learned that the legislations will be introduced as Money Bills even as the government wants discussion in both the Houses. FM Jaitley had discussed issues related to GST with Maharashtra finance minister Sudhir Mungantiwar, representatives of industries and bankers. In the meeting, representatives of sectors such as shipping and ports, gems and jewellery, petroleum, agriculture and fertilisers and entertainment gave their representations on GST (goods and services tax) to Jaitley.

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