You are here: Home » News-IANS » Politics
Business Standard

Odisha passes state GST Bill

IANS  |  Bhubaneswar 

The Goods and Services Bill-2017 was passed in the special session of the on Friday.

The bill was unanimously passed by a voice vote even though the opposition demanded it be sent it to the select committee for further deliberation.

The assembly also passed the Value Added (Amendment) Bill, 2017 allowing the state to impose VAT on six items - five petroleum products and liquor.

Initiating a discussion on the bill, Finance Minister Shashi Bhusan Behera said the will unify at least 17 central and state taxes together and bring improvement in reforms.

He said products manufactured in the states as well as in the country could compete with products in the international market.

"will help extend tax network and bring improvement in the tax administration," Behera said.

Participating in the debate, Leader of the Opposition Narasingh Mishra suggested sending the bill to the select committee for wider scrutiny.

Bharatiya Janata Party legislature party leader K.V. Singhdeo meanwhile complimented the state government for bringing the Bill for passage in time to meet the goal of GST's nationwide implementation from July 1.

Several states including Uttar Pradesh, Andhra Pradesh, Telangana, Goa, Gujarat and Arunachal Pradesh have already passed the state GST Bills.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 19 2017. 20:58 IST