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Here is detailed  GST Bill Debate- 4 GST Bills get Lok Sabha approval   8.55 pm:  With that Speaker adjourns the House for the day, ending a mammoth 7-hour discussion on one of the biggest tax reforms the country is undergoing. The house has passed all four GST bills — Central GST Bill, 2017 (CGST Bill), Integrated GST Bill, 2017 (IGST Bill), Union Territory GST Bill, 2017 (UTGST Bill) and the GST (Compensation to the States) Bill 2017. 8.50 pm:   Lok Sabha has passed Central GST and Integrated GST Bills , voting on two more bills remains. 8.30 pm:   J&K Finance Minister Haseeb Drabu tells CNBC-TV18 says the state will start drafting the GST law in May or June. Central exemptions will be grandfathered by the Centre and the state will be able to finance state exemptions. 8.25 pm:  Speaker Sumitra Mahajan calls for a vote on clauses. From the applause at the end of the Finance Minister's speech, it looks like ...

Lok Sabha passes 4 key GST bills, India inches closer to July rollout of tax reform India’s plans to rollout GST from July 1 The Lok Sabha on March 29 Wednesday passed four crucial legislations to introduce a countrywide Goods and Services Tax (GST) bringing India closer to a unified tax regime. The Lok Sabha passed the Central GST Bill, 2017 (CGST Bill), Integrated GST Bill, 2017 (IGST Bill), Union Territory GST Bill, 2017 (UTGST Bill) and the GST (Compensation to the States) Bill 2017 after more than eight hours of debate. The passage of the Bills marks a big step forward in India’s plans to rollout GST from July 1. The fifth law — SGST Bill — will be taken by the state governments through their cabinets to the respective state assemblies. Also Read-  GST Bill Debate- 4 GST Bills get Lok Sabha approval “The GST Council is India’s federal decision making authority,” Finance Minister Arun Jaitley said while replying to the marathon discussion in ...