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ARTICLE · 15 OCTOBER 2015

Rajya Sabha Report On GST Constitutional Bill: Highlights

On July 22, 2015, Rajya Sabha Select Panel tabled its Report (119 Pages) on GST Constitutional Amendment Bill supporting almost all of the clauses therein.

IndiaTax
Bhasin Sethi & Associates
Bhasin Sethi & Associates

On July 22, 2015, Rajya Sabha Select Panel tabled its Report (119 Pages) on GST Constitutional Amendment Bill supporting almost all of the clauses therein.

KEY HIGHLIGHTS:

(i) Clause 12 (Constitution of GST Council & Article 279A):

  • Committee recommends State Governments to take adequate measures to ensure that revenues flow to the local bodies and their recourses are not adversely affected.
  • Committee restrains from giving any advice, recommendation and guide to the State Govts. as to what they have to do w.r.t. interests of local bodies, as any encroachment into the State List would disturb the whole system and could strain the Centre – State relations. Concerns expressed by all its Members relating to protection & preservation of interest of local bodies and Municipalities not unwarranted.

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