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        Case ID :

        Maharashtra Assembly passes State GST Bill

        May 22, 2017

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        Mumbai, May 22 (PTI) The Maharashtra Assembly passed unanimously the State Goods and Services Tax (GST) Bill today, the last day of a special session of the state Legislature.

        After the passage of the bill in the Lower House, Chief Minister Devendra Fadnavis thanked everyone for their cooperation.

        "All political parties had unanimity over the GST Bill.

        Today, this supreme House has unanimously passed this bill. I thank the House for this," Fadnavis said.

        The three-day special session to discuss and ratify the bill, to pave the way for the national roll-out of GST on July 1, began on Saturday.

        During the session, the Assembly passed three bills, including the State Goods and Services Tax Bill, related to the compensation to local authorities and a bill on the existing laws to be repealed when the GST is expected to come into effect from July 1.

        Maharashtra Finance Minister Sudhir Mungantiwar said in the Assembly that the government would ensure GST did not hamper financial autonomy of local self government bodies.

        "The government has accepted the responsibility of compensation to local bodies for five years for the loss of revenue due to abolition of octroi and local body tax due to GST," he said.

        Mungantiwar also took potshots at former Finance Minister Jayant Patil of the Nationalist Congress Party (NCP) over the latter's speech in the House yesterday targeting the state government.

        "It seems Patil is in a hurry to come back to power," Mungantiwar said.

        Patil was a minister during 1999-2014 when the Congress-NCP combine held power in Maharashtra.

        State Goods and Services Tax: Maharashtra approves bill, mandates local body compensation and repeal of conflicting laws. The Assembly unanimously passed the State Goods and Services Tax Bill and companion measures to repeal existing laws displaced by GST, together with a commitment to compensate local bodies for revenue losses from abolition of octroi and local body taxes for a five year period, while preserving local financial autonomy.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
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                                State Goods and Services Tax: Maharashtra approves bill, mandates local body compensation and repeal of conflicting laws.

                                The Assembly unanimously passed the State Goods and Services Tax Bill and companion measures to repeal existing laws displaced by GST, together with a commitment to compensate local bodies for revenue losses from abolition of octroi and local body taxes for a five year period, while preserving local financial autonomy.





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                                ActsIncome Tax
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