The Bihar state assembly today ratified the Constitution Amendment Bill on Goods and Services Tax (GST). Bihar became the first non-NDA state to ratify the GST.
After ratification by the Legislative Assembly, the Bill was introduced in State’s Upper House.
With the support of all major parties in the State including JD(U), RJD, Congress and BJP in favour of the tax legislation, the House approved the GST Bill through a voice vote.
Rajya Sabha and Lok Sabha has already been passed the GST in last monsoon session.
Last week Assam state Assembly ratified the GST.
The Bill, seen as single biggest tax reform after Independence, needs to be ratified by at least 15 State legislatures out of a total of 29 before the President notifies the GST Council, which will decide new tax rate and other issues.
The Central government has set a deadline of April 2017, for its rollout.
