NEW DELHI: Finance Minister Arun Jaitley today said supporting legislations for implementation of goods and services tax will be introduced in Parliament next week.
The finance minister maintained that GST is likely to be rolled out from July 1.
Jaitley said there is long procedure before the Bills are introduced in Parliament and the GST Council cleared those four bills only last week.
“All that exercise has been completed in the last 2-3 days… Next week, it should be introduced in Parliament and then taken up for consideration,” he said at an award function of CNBC TV18.
Jaitley further said nine different regulations have to be framed for GST.
“Four have already been approved by the GST Council, some marginal changes may be required. For other five, the drafts are being prepared and these are going to be circulated to states. We are meeting on March 31. So, hopefully all those regulations will be approved on March 31,” he said. (AGENCIES)
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