CG GST

Chhattisgarh became the fifth state in the country to adopt and pass the state GST Bill in the country after Bihar, Jharkhand, Telangana and Rajasthan.The Bill was passed by the voice vote after discussions on it for over three hours.In his reply to the debate over the crucial Bill, Chief Minister Raman Singh said the Goods and Service Tax (GST) Bill is a big step in the direction of economic revolution in India and strengthening of the national integration.”Prime Minister Narendra Modi gave the nation the new concept of Team India and cooperative federalism. The bill has been enacted to implement the concept of ‘one nation, one tax, one market’,” the chief minister said.”The implementation of the GST Bill will strengthen the economy and encourage the growth rate of the state as well as the country,” he added.The GST Bill is aimed at simplifying the tax system and expanding the tax base, he added.The Bill was tabled earlier in the House by Commerce and Industries Minister Amar Agarwal.The process of passing the GST Bill is going on in all the states. Today, the Chhattisgarh assembly has made its historic contribution in this, he said.transportation of goods via roads is of great importance in the country’s economy, but it entails long queues at various inter-state checkposts involving long duration and delay in filling various types of forms, showing documents and paying fees.This time will be saved when the GST is implemented and the transportation of goods will accelerate, said Singh.The chief minister added that presently eight types of central taxes are there in the country, including the excise duty and the service tax, among others.