Odisha Ratifies GST Bill as 16th State
September 01, 2016 22:25 PM IST
Bhubaneswar: The state assembly unanimously passed the Goods and Services Tax (GST) Constitutional Amendment Bill in a special session of the house, on Thursday. With the ratification of the bill, Odisha has become the crucial 16th state to giving it a nod paving the way for its enactment.
In a special session called for the passing of the GST bill, Odisha Chief Minister Naveen Patnaik move the the resolution on Constitution (122nd Amendment) (GST) Bill, 2014. While the move of the CM was followed by a prolonged discussion, the leader of the opposition Narasingha Mishra advocated for a capping on the GST rate for the benefit of the poor. Similarly, the ruling party members had an opinion that there should be provision of levying green tax on polluting goods and services. Later on the bill was passed unanimously.
After the passing of the bill Naveen thanked all the members of the house for pledging their support to the bill. He said, passing of the GST bill would be beneficial for the government, business houses and consumers. As far as the green tax is concerned Naveen said he would convey the matter to Centre. Moreover, the CM expressed his concern over the Central Sales Tax compensation for Odisha and assured everything possible would be done in this regard.
Worth mentioning, the GST Constitutional Amendment Bill reintroduced and passed by the Indian Parliament after necessary changes on August 8 needs ratification of minimum 16 states. After the ratification it would be sent for Presidential assent. Post Presidential assent the GST Council would be formed to formulate tax policies and fix tax rates.
Before Odisha, states like Assam, Bihar, Chhaisgarh, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Madhya Pradesh, Mizoram, Maharashtra, Nagaland, Sikkim, and Telengana have passed the bill.