Assam becomes first state to pass GST Bill

Deepak Gupta | Aug 13, 2016 | Views 2307780

Assam becomes first state to pass GST Bill

Assam becomes first state to pass GST Bill
Today The Assam Assembly unanimously passed the Constitution Amendment Bill on GST, becoming the first state to ratify the crucial tax reform legislation.
“I declare the Bill, which was passed by both Houses of Parliament, to be ratified unanimously by Assam Assembly,” Speaker Ranjeet Kumar Dass announced in the House.
The state cabinet approved the bill on Friday morning, before it was placed in the House during the ongoing assembly session. A historic resolution was assed in the assembly on Friday. Assam became the first state to ratify the constitutional amendment bill relating to the GST, Chief Minister Sarbananda Sonowal tweeted soon after it was ratified.
I am sure Assam will benefit from the GST through higher economic growth and better revenue collection, said Mr.Sonowal.
Mr. Sonowal later told the media that Prime Minister Narendra Modi, during a telephonic conversation, congratulated him on the bills ratification.
Finance Minister Himanta Biswa Sarma said the Chief Minister wanted Assam to become the first state to pass the bill to send a positive signal to the industry.
Keywords: GST Bill, Sarbananda Sonowal, Assam becomes first state to pass GST Bill
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Assam becomes first state to pass GST Bill
 

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