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Wednesday, June 21, 2017

Goods and Services Tax(GST) - All states sans Jammu and Kashmir pass GST Bill to keep date with July 1 roll-out



Jammu and Kashmir now remains the only state yet to pass the GST Bill ahead of the July 1 launch of the pan-India tax regime as Kerala approved the legislation on Wednesday June 21,2017
“All states and union territories, except Jammu and Kashmir, have approved the SGST Act and are ready for the smooth roll-out of Goods and Services Tax (GST) with effect from July 1,” the Finance Ministry said in a statement.
Kerala issued an ordinance on Wednesday approving the State GST Act while West Bengal had issued the relevant ordinance on June 15. “Thus, almost the entire country, including 30 states and union territories, is now on board and ready for the GST,” the Finance Ministry said.

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