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PM Modi hopeful of GST rollout this budget session

Prime Minister Narendra Modi was hopeful that through the Opposition’s "positive cooperation" and by virtue of unanimity being reached on…

PM Modi hopeful of GST rollout this budget session

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Prime Minister Narendra Modi was hopeful that through the Opposition’s "positive cooperation" and by virtue of unanimity being reached on many contentious issues, a "breakthrough" in the final rollout of the Goods and Services Tax (GST) will be possible during the Budget session of Parliament which resumed on Thursday after a month’s recess. 

 “…Let’s hope there will be a breakthrough in the implementation of GST,” the Prime Minister told media persons outside the Parliament complex. 

The constitutional amendment paving way for GST is set to lapse by mid-September. The government intends to introduce the supporting legislation related to the Central GST (CGST) Bill in Parliament and get it ratified before the states introduce the State GST (SGST) Bill in respective legislative assemblies. 

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The Prime Minister exuded confidence over his government’s ability to ensure smooth implementation of a common Goods and Sales Tax regime across the country thanks to ‘positive cooperation’ of the states and the political parties. There is a buzz in government circles that the GST is likely to come into force by 1 July. 

Modi said there is a possibility of a "breakthrough" in GST before the end of the second leg of the month-long Budget session as "all the states have extended positive cooperation on the issue. All the political parties too have played a positive role", he said. 

Modi said his government had gone ahead following a democratic process of wider discussion and reached unanimity on some issues. "Efforts are now underway to complete the process of the GST rollout in this session with everybody’s cooperation," he said. 

Modi expressed the hope that a detailed discussion on the Budget will take place during the session. "I am hopeful the discussion and debate will be of the highest level and focus on the poor people of the country," the prime minister said.

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