‘One Nation One Tax’ Lok Sabha Passed GST

Sharing is caring!

NEW DELHI: The bills were passed by voice votes negating all amendments moved by the opposition members. Earlier replying to the debate on four GST bills, Finance Minister Arun Jaitley said ‘After Independence we became one political entity, but not the one economic entity.’

‘Now this GST will make India one economic entity.’ He said that GST would replace the several multiple taxes and the accesses have only one interface accesses officer in place of several ones. He made it clear that there would be no tax on agricultural commodities or products. He said that the talks about bringing the agriculture under tax net are baseless.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: