The Delhi legislative Assembly passes State Goods and Services Tax (SGST) Bill, 2017 in a special session.
The Assembly passed the bill with voice vote after a detail discussion and also adopted a resolution opposing proposed “higher tax slabs” in the GST.
After the passage of the Bill, the Delhi Chief Minister Arvind Kejriwal said that, under the GST regime, tax slabs should be 10 per cent, 5 per cent each for the Centre and the states, claiming that higher tax slabs may trigger inflation.
“GST is the biggest tax reform and in principle we all are with it. But we have concerns pertaining to its implementation. We believe higher tax slabs may trigger inflation and it will not be good for the country.
“The more the tax rate, the less the compliance. Lower tax slabs would lead to more tax collection. We brought down tax rate on many items in Delhi and reaped benefits,” Kejriwal also said.
Earlier the Legislative Assembles of Telangana, Bihar, Jharkhand, Uttarakhand, Madhya Pradesh , Haryana, Goa, Gujarat, Andhra Pradesh and Uttar Pradesh , Puducherry, Maharashtra Odisha, and Mizoram passed the bill.
On May 19th the Government has fixed the rate of tax for goods and services under the new indirect tax regime. With regard to the GST on services, the council broadly agreed on 4 tax brackets having 5%, 12%, 18% and 28% of tax instead of the current uniform rate.
