Revised draft plans anti-profiteering authority, introduces composite and mixed supply concept
Though the GST Council meet has brought them back into the limelight, analysts do not see gains sustaining for long
While Union govt has been releasing CST compensation to states up to 2012-13, no decision is taken yet on compensating states from 2013-14 to 2016-17
Powers of commissioners to adjudicate on cases to be expanded
An app to link check posts under state governments as well as the Centre is also in the works
The state govt has convened the session to seek the house approval for the GST Bill
Another Bill is aimed at a downward revision of the VAT payable by five and three star hotels located in tourist destinations
This is likely to be the last session of the present Assembly, as the state is heading for polls early next year
The bill has been already passed by the both Houses of Parliament and is awaiting assent from the President
CM assures that the Puducherry government will continue to have its right to levy service tax and also tax on liquor
Pragmatic response from govt, BJP as long road ahead for the new tax regime to become a reality
The bill, passed by Parliament, needs to be ratified by at least 15 state legislatures
The Bill can now get presidential assent because half of 31 state assemblies have ratified it
Leader of Opposition said that the GST Council should not be vested with overarching powers and the cap on GST be fixed at 18 per cent
Chief Economic Advisor says the country is poised to reach double-digit growth rate in next three years
Bill was supported by all political parties barring the lone CPI(M) member who did not participate in the discussion
15 states have already ratified the constitutional amendment bill and now, the GST bill can turn into a law
CM Laxmikant Parsekar termed the GST Bill as historical, revolutionary and far sighted
Party to wait and watch on its threat to launch nationwide protests to demand GST cap at 18%
Telangana is the 12th state to have approved the legislation that will pave the way for roll-out of a single and unified tax system in India