To speed passage, Government plans GST Bills as money Bills

The Centre aims to introduce these in the latter part of the current session ending December 16.

Written by Aanchal Magazine , Sunny Verma | New Delhi | Updated: November 23, 2016 1:50 pm
GST Bills, money bill, what is GST, congress, financial bill, Central GST Bill, lok sabha, parliament, demonetisation, demonetisation debate, indian express news, india news Union Finance Minister Arun Jaitley. (PTI Photo)

The government is considering bringing the three GST-related Bills as money Bills disregarding the Congress’s demand seeking their introduction as financial bills, sources said. The introduction of the GST Bills as money Bills will ensure faster passage as these are required to be voted only in Lok Sabha where the ruling party has a clear majority.

On November 10, the Lok Sabha had listed the Central GST Bill; the Integrated GST; and GST (Compensation for Loss of Revenue) for introduction, consideration and passing in the winter session of Parliament. The Centre has circulated these three draft Bills to states and these will be discussed in the meeting of the GST Council on November 25. The Centre aims to introduce these in the latter part of the current session ending December 16.

WATCH VIDEO: Government Plans To Bring GST Bills As Money Bills: Here’s Why

 

WATCH VIDSEODuring the debate in Parliament in August on the GST Constitutional Amendment Bill, the Congress withdrew from its earlier demand for specifying an 18 per cent rate cap in the Constitution but demanded that the government bring the subordinate laws as financial Bills to ensure meaningful debate. Arguing that he couldn’t spell out the government’s stand before the Bills were finalised, Finance Minister Arun Jaitley had said in August: “The Constitutional provision in Article 110 and 117 as to what is a money bill and what is a finance bill is absolutely clear. The word used in Article 110 is ‘shall be,’ that is what shall deemed to be a money bill, so I can’t convert a constitutional requirement into my own option. That’s the option that I don’t have.”

The Central GST Bill will facilitate the levy of tax on intra-state supply of goods or services; the Integrated GST will enable levy of tax on inter-state supply of goods or services; and the third Bill is to facilitate payment of compensation to states for loss of revenue arising on account of the implementation of GST for a period of five years.

The Centre and the states have already decided on a four-tier GST rate: 5 per cent, 12 per cent, 18 per cent and 28 per cent. But they are yet to decide on the issue of cross empowerment to avoid dual control.

The constitutional amendment enabling roll-out of the indirect tax regime was passed by Parliament in August following which it became an Act in September after ratification by 16 of the 31 state legislatures. The government aims to introduce GST, which will subsume excise, service tax, VAT and other local levies, from April 1, 2017.

There’s a reason the Government is considering the money Bill route. The contentious issues which could potentially hold up these bills in Rajya Sabha include difference over the calculation of the revenue base of the Centre and states and compensation requirements, the list of exemptions, capping of the rate in the Central GST Bill and threshold limits for the levy of GST.

Even as the Congress had diluted its initial demand for capping the GST rate in the Constitution Amendment Bill, it had specifically asked the government to specify the cap in the Central GST Bill. But the draft bills that have been circulated to the states do not mention the GST rates which are likely to be notified separately, sources said. This particular issue is also been seen as a possible hurdle to the smooth passage of these Bills in the Upper House.

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First Published on: November 23, 2016 4:59 am
  1. A
    ashok s
    Nov 23, 2016 at 12:23 am
    Govt should take netizens consensus on rates , then only p money bill in L's. Its obvious gst is just an instruments of taxes so it is part and parcel of money bill in w. But a justified rate is must ,which can be discussed and voted in upper house
    Reply
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      Baskar
      Nov 23, 2016 at 5:08 am
      The real reason for Opposition stalling Rajya Sabha is that they are in so much jealousy of Modi led NDA Government which is doing all good things for the good of country. Oppoisition know they can't fight Modi any more so they choose Rajya Sabha to fight Modi where Congress and anti national opposition is more in numbers.
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        Arun
        Nov 23, 2016 at 3:10 am
        It has become practice in our Parliamentary Democracy the Opposition Parties will never support any bill even though it is in the interest of our Economy and also for the progress of Nation.Such a bitterness.One doubt whether our Democracy survive and may lead to Anarchy Only time will tell the truth.Really it is disgusting to experience such activities.
        Reply
        1. S
          Sriniwasan
          Nov 23, 2016 at 5:52 am
          The Lok Sabha members are elected by the people in a direct election and therefore MP's are bound to take a populist stand although the common man always wants an easy out.However,in the case of Rajya Sabha members are supposed to be mature,debate,discuss and offer suggestions and solutions.But over a period of time,the Rajya Sabha has become an embly of Rowdies.lt;br/gt;I am glad,PM Mody has the guts to byp Rajya Sabha and take decisions in the best interest of the Country.No one can question PM Mody's Patriotism and Unimpeachable personal integrity.He is a shrewd and a brilliant administrator.
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          1. K
            Kuldeep
            Nov 23, 2016 at 3:26 am
            Destroying India from within. Kya aap paanchvi paas ho feku ji.
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            1. M
              mort
              Nov 23, 2016 at 7:28 am
              Bill gates supports . Peru has taken cue from India and unearthed billions of Fake Dollars . IMF supports . World Bank supports. So who are against ? It is VESTED INTERESTS !! Is it time to arrest Mamata Banerjee?
              Reply
              1. M
                mort
                Nov 23, 2016 at 7:26 am
                opposition parties and enemies within after jamming banks , inciting violence , now resorting to age ploy of RUMOURS !
                Reply
                1. M
                  Mahender Goriganti
                  Nov 23, 2016 at 3:44 am
                  Enough is enough. Round up all goons, anti nationalists and terrorists of all kind in the parliament subject them to ISIS / Islamic rules.
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                  1. M
                    Manas Sarkar
                    Nov 23, 2016 at 5:51 am
                    Best way..Most educated people support this govt move. Opposition want to stop implementation of GST for another 6 months. Opposition want to delay the progress of the country.
                    Reply
                    1. V
                      Vihari Naidu
                      Nov 23, 2016 at 4:15 am
                      One more attempt to undermine Rajya Sabha. The voice of the states is stiffled even in the parliament.
                      Reply
                      1. S
                        sacchadesi
                        Nov 23, 2016 at 3:10 am
                        Modiji planning another catastrophe for us Indians.lt;br/gt;lt;br/gt;This man can do nothing right.lt;br/gt;lt;br/gt;This law is anothe bad law in the series of bad laws from Modiji s great mind
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                        1. S
                          sacchadesi
                          Nov 23, 2016 at 5:24 am
                          Modiji planning another catastrophe for us Indians.lt;br/gt;lt;br/gt;This man can do nothing right.lt;br/gt;lt;br/gt;This law is another bad law in the series of bad laws from Modiji s great mind
                          Reply
                          1. S
                            Sashi Pillai
                            Nov 23, 2016 at 4:24 am
                            The Raja Sabha does not have the mandate of the electorate and it was set up for checks and balances without supporting one or the other party but it behaves according to which party its member it belongs to and not a voice of the states.Rajya sabha must be srapped.
                            Reply
                            1. S
                              Subodh Pandit
                              Nov 23, 2016 at 3:21 am
                              Renamed all the bill for next 2 and 1/2 year as modi bill so don't require opposition party for discussing and ping any bill.
                              Reply
                              1. I
                                Indian
                                Nov 23, 2016 at 4:06 am
                                A VERY GOOD IDEA as the opposition with MAJORITY in Rajya Sabha will not allow page of GST BILL in Rajya Sabha after being HIT with DEMONETISATION of Rs 500 and Rs 1000 Currency Notes. ............. Carry on Mr PM, the SILENT MAJ-ORITY is with you. Remember, its the silent majority which made Mr TRUMP the next President of USA against predictions by everyone.
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                                1. I
                                  Indian
                                  Nov 23, 2016 at 5:11 am
                                  Hahaha ............ Voice of states??? That has been long undone when Mr Manmohan Singh became ORDINARY RESIDENT of AM to get elected to Rajya Sabha. ................. Maniting statehood by UNELECTABLE POLITICAL LEADERS have undermined the character of Rajya Sabha as Council of States long back.
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                                  1. I
                                    Indian
                                    Nov 23, 2016 at 4:13 am
                                    Mr MODI is at least trying to get the LOOT STASHERS unlike Mr MANMOHAN SINGH who "SILENTLY" allowed LOOT for 10 years of UPA RULE so that he remains the PM. . .............. The impact on can be gauged from the fact that "BORN ADVERSARIES" like Ms Mayawati and Mr Mulayam, Mr Pawar and Mr Thakrey, Ms Mamata and Mr Yechuri, Mr Rahul and Mr Kejriwal, LDF and UDF of Kerala etc etc have all ganged up to fight against DEMONETISATION.
                                    Reply
                                    1. I
                                      Indian
                                      Nov 23, 2016 at 4:10 am
                                      OPPOSITION LEADERS who have lost HUGE will gang up to defeat GST BILL in Parliament, if its not a MONEY BILL. .............. The LOSS of Opposition can be gauged from the fact that "BORN ADVERSARIES" like Ms Mayawati and Mr Mulayam, Mr Pawar and Mr Thakrey, Ms Mamata and Mr Yechuri, Mr Rahul and Mr Kejriwal, LDF and UDF of Kerala etc etc have all ganged up together to fight against DEMONETISATION.
                                      Reply
                                      1. K
                                        Karthik
                                        Nov 23, 2016 at 2:31 am
                                        A Govt that runs on Twitter Social Media by the Bhakts and for Corporate/donors of BJP/RSS , thrives on ordinance and prevents PM the highest decision maker in country to any sort of dialogue (be it speech followed by questions from other fellow parliamentarians),deceives/fools people by ping controversial items like allowing retrospectively Foreign donors to Indian political parties eg: Vedanta thereby escape route to itself its partner INC-Congress mixed in money bills...lt;br/gt;Wah!
                                        Reply
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