States on board, GST set for July roll-out

Council clears Central, Integrated Bills that are likely to be introduced in Parliament

The Goods and Services Tax (GST) Council on Saturday approved two crucial Bills — the Central GST and the Integrated GST. The Union Territory GST (UTGST) Bill, however, is yet to be approved.

It is now almost certain that the Bills will be introduced in Parliament in the second half of the Budget session, starting March 9, to ensure that the GST can be rolled out from July 1.

“We approved the CGST and the IGST Bills. The decision was unanimous and all the states supported it. It looks like July 1 could be a possible date for implementing the