NEW DELHI: The government will seek the Presidential assent for the landmark Constitution amendment Bill for the GST, as 16 States have ratified the legislation, Finance Minister Arun Jaitley said on Thursday.
“The requisite numbers of States have ratified the GST Constitution Amendment Bill and now it can go for Presidential assent,” Mr. Jaitley tweeted.
The government plans to roll out the new indirect tax regime from April 1, 2017. After the Presidential assent, the government will notify the GST Council. Union Finance Minister will head the Council, which will comprise State Finance Ministers. — PTI
