The Maharashtra Assembly today ratified the GST constitutional amendment bill. With this, it became the tenth state to do so. All parties in the assembly supported the bill and passed the Bill by voice vote.
Moving the Bill to seek ratification in the assembly, Maharashtra finance minister Sudhir Mungantiwar said the GST would strongly support the Make in India programme and also contribute in making “India one” as a market.
Speaking on GST ratification, leader of the opposition in the legislative assembly Radhakrishna Vikhe-Patil pointed out that it was the Congress-led United Progressive Alliance which had initiated the GST reform. “Please tell your cadres when you make a speech on GST reform that it was the Congress which took the initiative. That would answer the charge routinely made by your party workers that Congress did nothing for the country in 60 years,” Vikhe-Patil said.
Shiv Sena speaker Sunil Prabhu raised questioned regulation of local bodies since GST would subsume local tax like octroi which the Brihanmumbai Municipal Corporation collects. “The BMC stands to lose Rs. 7000 crore per annum on account of the loss of octroi after GST implementation. The GST amendment bill promises to compensate the BMC for this loss for five years. But the state bill that will be brought in the winter session needs to clarify what happens after five years. Also, there is 8 to 10% increase per year in the octroi collection. Is the compensation going to take care of this? The state bill should clarify,” said Sunil Prabhu.