Taking another step to implement Goods & Services Tax Bill on time, July 1, Union Finance Minister Arun Jaitley on Monday tabled the Central Goods & Services Tax Bill, 2017 in the Lok Sabha.
“The Central Goods & Services Tax Bill, 2017 tabled in Lok Sabha by Finance Minister Arun Jaitley,” reports stated.
Sources had said that the government will table Central Goods and Service Tax (C-GST), Integrated Goods and Service Tax (I-GST), Union Territories- Goods and Service Tax (UT-GST) on Monday.
In order to implement the GST from July 1, the Union government is planning to complete the legislative work in the ongoing Budget Session of Parliament.
Finance Minister Arun Jaitley last week had said the GST Council has cleared all the major hurdles for the GST Bill.