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

The government is considering bringing the three GST-related Bills as money Bills disregarding the Congress’s demand seeking their introduction as financial bills. 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.