Home / Knowledge / News / Textiles / Himachal Pradesh becomes 4th state to ratify GST Bill
Himachal Pradesh becomes 4th state to ratify GST Bill
23
Aug '16
Himachal Pradesh legislative assembly has unanimously approved the Constitution (122nd Amendment) Bill pertaining to the Goods and Services Tax (GST) on the first day of the monsoon session. The state is the fourth to ratify the Bill after Assam, Bihar and Jharkhand. The GST Bill needs to be ratified by at least half of the state legislatures.
 
The motion for ratification of the Bill was moved by chief minister Virbhadra Singh in the state assembly. It was approved unanimously without any discussion.
 
Singh told mediapersons that the GST Bill was first brought by the Congress-led UPA government. He termed it as the single biggest tax reform which would help in trade, services and commerce.
 
“Himachal Pradesh, which is a consumer state, will be benefited by the bill. It will help in boosting trade and commerce once it was implemented in the country. All trade and commerce bodies in the state have hailed the bill,” Singh said. (RKS)
 

Fibre2Fashion News Desk – India


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search