State assemblies of Gujarat and Chhattisgarh will today convene special sessions to to ratify the Goods and Services Tax (GST) Bill that was passed by Parliament earlier this month.
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The Cabinet, after a threadbare discussion on all the announcements made by the chief minister in his Independence Day speech, ratified the same and directed all the Commissioners and Secretaries to come out with a time bound action plan for their implementation.
In the 68-member assembly, the Congress has a majority with 36 members.
The ruling Congress had already announced its support for the legislation. However, Leader of opposition T.S. Singh Dev has said, the party will see to it that the interests of Chattisgarh are not compromised by the framework of this Bill.
Commentators says GST will eliminate the scope of double taxation in certain sectors due to tax dispute on whether a particular transaction is for supply of goods or provision of service such as licensing of intellectual properties like patents and copyrights, software, e-commerce and leasing.
With the Congress in power, Himachal Pradesh is the second non-BJP state after Bihar to ratify the Bill that will pave way for a new indirect tax regime.
Just before the Constitutional Amendment Bill was introduced, the BJP staged a walkout from the assembly over the purported remarks of the Chief Minister against them.
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Our correspondent reports that the elections of Speaker and Deputy Speaker will also be held on the first day of the session.
