GST rollout from July 1: Cabinet clears the decks by okaying 4 draft Bills

Likely to be introduced this week in Parliament as money Bills, on target for July 1 rollout

Clearing the way for a July 1 roll-out, the Union Cabinet on Monday approved four Bills on a national goods and services tax (GST).
 
The decision comes two working days after the GST Council cleared these — Central GST (CGST), Union Territory GST (UTGST), Integrated GST (IGST) and the Compensation Bill. These are now set to be introduced in Parliament within this week, most likely as money Bills and so, not needing approval of the Rajya Sabha, where the ruling National Democratic Alliance does not have a majority.
 
“It is expected that implementation of the GST will lead