Special Session of Telangana Assembly on August 30 to Ratify GST Bill
Hyderabad: A special session of Telangana legislature is convened on August 30 to ratify the Constitution Amendment Bill on Goods and Service Tax (GST).
Telangana Chief Minister K Chandrasekhar Rao on Friday held a meeting with Legislative Affairs Minister Harish Rao and other senior officials to fix the date for discussion on the GST Bill in the Legislative Assembly and Legislative Council. The Chief Minister requested Assembly Speaker Madhusudhana Chary and Council Chairman Swamy Goud to convene both the Houses on August 30 to debate the GST Bill, stated a release issued by the Chief Minister’s Office.
Passed by Parliament recently, the GST bill needs to be ratified by at least 15 state legislatures before the President can notify the GST Council which will decide the new tax rate and other issues.
The Advocate General will attend the session as a special invitee in order to clear doubts of the members, if any, on the legislation. Passed by Parliament recently, the GST bill needs to be ratified by at least 15 state legislatures before the President can notify the GST Council which will decide the new tax rate and other issues. The government has set April 1, 2017 as target date for rolling out GST, considered as the biggest tax reform in the country since Independence.