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All states pass SGST Act, except J&K
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SME Times News Bureau | 22 Jun, 2017
With Kerala approving the State Goods and Services Tax (SGST) Act on
Wednesday, Jammu and Kashmir remains the only state yet to pass the
legislation ahead of the July 1 launch of the pan-India tax regime.
"All
states and union territories, except Jammu and Kashmir, have approved
the SGST Act and are ready for the smooth roll-out of Goods and Services
Tax (GST) with effect from July 1," the Finance Ministry said in a
statement here.
Kerala issued an ordinance on Wednesday
approving the State GST Act while West Bengal had issued the relevant
ordinance on June 15.
"Thus, almost the entire country,
including 30 states and union territories, is now on board and ready for
the GST," the Finance Ministry said.
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