India's national capital may be the first state to ratify GST bill

The Aam Admi Party (AAP)-ruled state government will consider ratifying GST bill in the assembly session called from August 22 to 26. Photograph:( AFP )

ANI New Delhi Aug 09, 2016, 08.54 AM (IST)
India's national capital, Delhi, is likely to be the first state in the country to ratify the Goods and Services Tax (GST) Amendment Bill,

State home minister Satyendra Jain said today that the Delhi Government will convene an assembly session from August 22 regarding the bill passed by parliament.

The 122nd Constitutional Amendment Bill requires to be ratified by half of the states to become a law.

Speaking to the media, Jain said the Aam Aadmi Party (AAP) Government is positively considering the GST bill as it will increase the state's earning. It would be pertinent to mention that GST bill is being viewed as the 'biggest tax reform'. 

Well-informed sources with Delhi Government told ANI that if Centre sends the bill on time, the Delhi assembly will consider ratifying it at the earliest.