"It (GST) looks on track. Subject to Parliament approval, it looks like the possible date of implementation of GST is July 1," Jaitley said after the 11th GST Council meet concluded in New Delhi.
Legal committee giving finishing touch to drafts of UTGST& SGST laws.Drafts will be put for approval on Mar16 in 12th meeting of Council-FM pic.twitter.com/aLAKXd7shK— ANI (@ANI_news) March 4, 2017
The Council approved the central cGST (cGST) and integrated GST (iGST) draft bills on Saturday, the Finance Minister said.
With the compensation draft bill having already been approved in the Council's previous meeting -- held on February 18 in Udaipur -- there are two more draft laws remaining for approval.
State GST law has to be passed in state assemblies, legal committee will finalise it in next three days & circulate to states: FM Jaitley pic.twitter.com/8ZP8PIOigD— ANI (@ANI_news) March 4, 2017
The Union Territory GST (UTGST) and state GST (sGST) draft bills will be taken up for discussion and approval at the Council's next meeting on March 16, Jaitley told reporters at a press briefing.
Final drafts of CGST& IGST laws were circulated to GST council. Today,laws were put for discussion, GST council approved the laws-FM Jaitley pic.twitter.com/mrovImUfrk— ANI (@ANI_news) March 4, 2017
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