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Lok Sabha passes GST Bill

| | May 07, 2015, at 04:14 am
#Lok Sabha passes GST Bill # GST Bill passed # GST Bill
New Delhi, May 6 (IBNS) The Lok Sabha on Wednesday approved the Goods and Service Tax (GST) Bill even as the Congress staged a walk out from the House over the issue.

With the NDA being a minority in the Rajya Sabha, the bill is likely to be take up for consideration in the House on Thursday.

The GST is being sought to be implemented as a new indirect tax regime which will subsume various levies including sales, excise and service taxes from April,2016.

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