Telangana ratifies GST Amendment Bill

Hyderabad (Telangana) [India], Aug 30 : The Telangana Legislative Assembly on Tuesday passed the Goods and Services Tax (GST) Constitutional Amendment Bill.

Telangana has become the ninth state to ratify the Bill. While the Legislative Council passed the Bill unanimously, the Legislative Assembly debated on the Bill.

Opposition parties, sought clarifications on the Bill, but supported its passage. The GST Constitution (122nd Amendment) Bill was passed by the Lok Sabha earlier in this month, with 443 members present in the House voting in favour of the legislation.

At least 16 states are required to ratify the Constitution amendment bill on GST. It will be then sent to the GST Council which will decide on the new tax rate as well as centre and state taxes that will be subsumed in the new tax regime.

The Council will be constituted after the Constitution amendment bill is notified..

Source: ANI