News Update

Israel shuts down Al Jazeera; seizes broadcast equipmentIndia to wait for Canadian Police inputs on arrest of men accused of killing Sikh separatist: JaishankarLabour Party candidate Sadiq Khan wins record third term as London MayorArmy convoy ambushed in Poonch sectorDeadly floods evict 70K Brazilians out of homes; 57 killed so farGovt scraps ban on export of onionFormer Delhi Congress chief Arvinder Singh Lovely joins BJP with three moreUS Nurse convicted of killing 17 patients - 700 yrs of jail-term awardedGST - Payment of pre-deposit through Form GST DRC-03 instead of the prescribed Form APL-01 - Petitioner attributes it to technical glitches - Respondent is the proper authority to decide the question of fact: HC2nd Session of India-Nigeria Joint Trade Committee held in AbujaGST - Since SCN is bereft of any details and suffers from infirmities that go to the root of the cause, SCN is quashed and set aside: HC1717 candidates to contest elections in phase 4 of Lok Sabha Elections7th India-Indonesia Joint Defence Cooperation Committee meeting held in New DelhiGST - Neither the Show Cause Notice nor the order spell out the reasons for retrospective cancellation of registration, therefore, the same cannot be sustained: HCMining sector registers record production in FY 2023-24GST - If the proper officer was of the view that the reply is unclear and unsatisfactory, he could have sought further details by providing such opportunity - Having failed to do so, order cannot be sustained - Matter remanded: HCAnother quake of 6.0 magnitude rocks Philippines; No damage reported so farTrade ban: Israel hits back against Turkey with counter-measuresCongress fields Rahul Gandhi from Rae Bareli and Kishori Lal Sharma from AmethiFormer Jharkhand HC Chief Justice, Justice Sanjaya Kumar Mishra appointed as President of GST TribunalSale of building constructed on leasehold land - GST implication
 
GST - Ratification of Constitutional Amendment - Many BJP-ruled States are in race but Assam wins by becoming FIRST to do so

By TIOL News Service

GUWAHATI, AUG 13, 2016: WHETHER the NDA Government finally manages to meet the April 1, 2016 deadline or not, there are tale-tell sign of sincere efforts being made by the Prime Minister's team of strategists. The State of Assam has become the FIRST STATE to pass the GST Bill - 122nd Constitutional Amendment Bill. As soon as it was passed by the Assembly unanimously, its Chief Minister, Mr Sarbananda Sonowal is learnt to have received a congratulotry call from the Prime Minister, Mr Narendra Modi.

The Assam Cabinet approved the proposal to table the bill in the Assembly yesterday morning and it was passed by the House by evening. Its Finance Minister, Mr Himanta Biswa Sarma told the media persons that the Chief Minister was keen to grab the numero uno slot in passing the GST BIll to send a positive signal to the industry.

The Chief Minister after the passage of the Bill, said that Assam would benefit from the GST through higher growth and higher revenue mop-up.

After Assam, other BJP-ruled States have been directed by the BJP Party Headquarters to expedite the ratification of the Bill by the month-end. Some of them are in the process of calling a special session to do so. Chhatisgarh is learnt to be in the race to grab the position of one of the first states to ratify the Bill.

The Constitutional Amendment is to be ratified by at least 50% of the States before the same is sent to the President of India for his assent. Even if some of the States like Tamil Nanu do not vote in its favour it will be immaterial to the validity of the Bill.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.