Goods and Services Tax – GST – Dated:- 20-6-2017 – Chennai, Jun 19 (PTI) The Tamil Nadu Assembly on Monday adopted the GST bill amid a walkout by the opposition DMK, which wanted it to be referred to a select committee and taken up later for discussion. Seeking to allay opposition fears of a cascading of taxes following GST's scheduled rollout on July 1, the government said it will aid GDP growth. Finance Minister D Jayakumar, who intervened during the debate ahead of the passage of the Tamil Nadu Goods and Services Tax Bill, 2017, also assured the members that any impact of the rollout would be taken up with the Centre. The meetings of GST Council, of which state finance ministers are members, will be held regularly and matters relate
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y, DMK allies Congress and IUML stayed back when Stalin and his colleagues staged the walkout. DMK member Anitha R Radhakrishnan, who spoke during the debate, said traders will be affected due to GST and alleged that the Centre had not held discussions with them on the matter. The GST should be treated as a pilot exercise for the first year and the government should not act on small discrepancies by traders vis-a-vis returns, he suggested. Congress member S Vijayadharani said although the GST was piloted by Congress-led UPA, the present BJP government at the Centre had introduced some anti-people amendments including cap on tax rates, which, she said, were strongly opposed by her party at the national level. There is a danger of cascading o
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