Goa assembly meet to ratify GST Bill

On Tuesday, Goa legislative assembly will sit for a special session to ratify the Goods and Services Tax (GST) Bill, which was passed by Parliament. The ratification of the newly introduced bill in state assemblies across the country is crucial for rolling out of the new pan-India indirect tax regime.

In August 2016, the Goa legislative assembly had unanimously passed a resolution ratifying amendments of Constitution to pave way for Presidential assent to the Goods and Services Bill, 2016.

Goa Chief Minister Manohar Parrikar, who holds the Finance portfolio, will be tabling the bill for passing. Representatives of political parties across Goa have underlined the need for the passing of the legislation, which is expected to streamline and simplify tax structure throughout the country.

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