Govt lists GST Bills for passage in Parliament

Tribune News Service

New Delhi, November 9 

The Centre today formally listed three Bills to complete the Goods and Services Tax reforms for consideration and passage of Parliament in the winter session starting next week. 

These Bills—The Central Goods and Service Tax Bill, the Integrated GST and GST (Compensation for Loss of Revenue)—are among the nine new Bills to be moved.

The Central GST Bill will facilitate levy of tax on intra-state supply for goods or services; the Integrated GST will enable levy of tax on inter-state supply of goods or services; and the third Bill is to facilitate payment of compensation to states for loss of revenue arising on account of implementation of GST for a period of five years. Last week, the GST Council finalised a four-tier tax structure of 5 per cent, 12, 18 and 28 per cent with lower rates for essential items.

Among the other Bills on the anvil are the Surrogacy (Regulation), to constitute National and State Surrogacy Boards, and appointment of appropriate authorities for regulation of the practice and process. Another Bill includes amending the 1869 Divorce Act and empowering courts to make decrees of dissolution of marriage when either party to a marriage is domiciled in India, enable the Christian wife to present a petition to the district court and reduce mandatory period for separate residence from two to one year.

The winter session is scheduled between November 16 and December 16.