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GST Bill sails through in UT Assembly

  • GST Bill sails through in UT Assembly

    Summary: “We have already taken steps to ensure that the flow of revenue will not be affected once GST is implemented. The Puducherry Assembly on Wednesday unanimously passed the Puducherry Goods and Services Tax Bill, 2017. Hence, steps must be taken to ensure that industries and trade activities were not affected due to GST. The bill was tabled in the assembly by Chief Minister V. Narayanasamy. The Union Territory could not remain out of GST regime since it was an all-India initiative, he said.

    The Puducherry Assembly on Wednesday unanimously passed the Puducherry Goods and Services Tax Bill, 2017. The bill was tabled in the assembly by Chief Minister V. Narayanasamy. Mr , As Reported By Hindu.

    According to the Newspaper,Narayanasamy allayed fears of MLAs and said that the interest of Puducherry would never be at stake. Tax evasion would be totally eradicated once GST was implemented. The Union Territory could not remain out of GST regime since it was an all-India initiative, he said. “We have already taken steps to ensure that the flow of revenue will not be affected once GST is implemented.

    Source: http://www.thehindu.com/news/cities/puducherry/gst-bill-sails-through-in-ut-assembly/article18475989.ece


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