GST Bill passed in LS

Q.  GST Bill was passed in LS with how many members voting in favour of it in August 2016?
- Published on 09 Aug 16

a. 443
b. 442
c. 441
d. 440

ANSWER: 443
 
Greatest tax reform since independence received the nod of Parliament as LS on 8th August 2016 passed all amendments to landmark Goods and Services Tax Bill passed by RS
  • Bill was passed by 2/3rd majority with 443 members in LS voting in favour of the GST Constitution Bill
  • AIADMK has staged a walkout when voting began
  • Bill now has to be ratified by atlas 16 states in 30 days after it is passed by Parliament
  • While LS passed the GST Constitutional Amendment Bill in may 2015, separate amendments to the clauses were proposed in the Upper House which has been ratified in the Lower House
  • GST is a uniform indirect tax levied on goods and services revived across the nation and replace various taxes imposed on goods and services.

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