New Delhi: The Lok Sabha on Monday took up the amendments to the Goods and Services Tax Bill for discussion with Finance Minister Arun Jaitley stating that there was a wide consensus on the legislation.
“There has been a wide consensus. A large number of political parties have come forward in its support,” Jaitley said.
Jaitley also said that the rates of taxation will be decided by the GST Council adding that there is an attempt to make one nation one tax to avoid complexities.
The Rajya Sabha had last week unanimously passed the Constitution Amendment Bill to pave the way for the introduction of a pan-India Goods and Services Tax regime.
The upper house passed the Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014, with 203 ayes in the final vote.
The AIADMK staged a walk-out before the bill was passed in the upper house. The government had moved amendments to the bill earlier passed by the Lok Sabha to accommodate some concerns of opposition parties.
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