• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Mizoram passes Goods and Services Tax Bill

By Gulam Rabbani
|

Aizawl, May 25: Mizoram Assembly unanimously passed the Mizoram Goods and Services Tax Bill, 2017 in a one-day special session of the legislature on Thursday.

Mizoram Assembly passed GST Bill in a one-day special session of the legislature.

State Taxation Mminister Lalsawta, who introduced the bill, hoped that the new tax regime under GST to be in place in the country from July one would help in substantial increase in revenue for the state government and broadening the tax base while decreasing prices of commodities for the common people.

Cutting across party lines members of the state legislature supported the bill and hoped that the new law would be beneficial for both the state government and the people. The Assembly also unanimously passed the amendment bill to the Mizoram Value Added Tax Act as introduced by Lalsawta.

The amendment was made to include items like alcoholic liquor, petroleum crude, motor spirit, high speed diesel, natural gas and aviation turbine fuel in the Mizoram VAT Act as the items were left out of the purview of the GST Act. PTI

States which passed GST Bill and when

  • Telangana had passed the Bill on April 9
  • Bihar had passed the Bill on April 24
  • Rajasthan had passed the Bill on April 26
  • Jharkhand had passed the Bill on April 27
  • Chhattisgarh had passed the Bill on April 28
  • Haryana had passed the Bill on May 4
  • Uttarakhand had passed the Bill on May 2
  • Goa Assembly had passed the Bill on May 9
  • Andhra Pradesh had passed the Bill on May 16
  • Uttar Pradesh had passed the Bill on May 16
  • Puducherry ( Union Territory) passed the GST Bill on May 17
  • Maharashtra passed the GST Bill on May 22
  • Mizoram passed the GST Bill on May 25
  • GST Bill passed in Lok Sabha and Rajya Sabha

    On March 29, Lok Sabha passed the CGST Bill with amendments. All four bills related to GST passed in Lok Sabha. Lok Sabha Speaker Sumitra Mahajan had called for a vote on a clause by clause voting on GST Bill amendments after Finance Minister Arun Jaitley ended his address with a call for passage of the draft bills.

    As he sought passage of GST Bills Jaitley had said that goods may become slightly cheaper once all other taxes are removed after implementation of the Goods and Service Tax. the debate for GST that went on for the day without lunch break covered various aspects of GST.

    On April 6, the GST bills was passed in the Rajya Sabha. The GST Bills comprises of four bills -- Central Goods and Services Tax Bill 2017, Integrated Goods and Services Tax Bill 2017, Union Territory Goods and Services Tax Bill 2017, and Goods and Services Tax (Compensation to the States) Bill 2017. The Union Cabinet approved the four GST-related Bills on March 20.

    OneIndia News

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more
X