GST Bill introduced in RS by Govt

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New Delhi: Prime Minister Narendra Modi-led NDA Government on Tuesday introduced the Goods and Services Tax (GST) Bill in the Rajya Sabha. The opposition MPs raised slogans as Finance Minister Arun Jaitley began to read out the clauses.

Jaitley criticized the opposition, saying the Congress does not want economic growth. The ruling Bharatiya Janata Party (BJP) had earlier held the Congress responsible for blocking the GST bill in the Parliament, saying the opposition's demand for External Affairs Minister Sushma Swaraj's resignation on the Lalit-Gate was just a pretext.

The Goods and Services Tax seeks to create a new indirect tax regime, which will comprise various central and state levies. They include sales tax, excise and services tax except taxes on the supply of alcohol for human consumption and petroleum products.