Maharashtra Assembly ratifies GST Bill
Mumbai : Maharashtra Legislative Assembly today ratified the Goods and Services Tax (GST) Constitutional Amendment Bill passed by the Parliament, at a special one-day session of the state legislature here today.
The proposal was passed unanimously by the Lower House, making Maharashtra the tent rpt tenth state to ratify the GST bill, billed as the biggest tax reform since Independence.
Finance Minister Sudhir Mungantiwar, who tabled the resolution to ratify the bill, said Maharashtra would not incur any losses after GST comes into effect.
“Chief Minister Devendra Fadnavis has held detailed discussions on the GST bill with Union Finance Minister Arun Jaitley,” he said.
“We have also allayed apprehensions of Shiv Sena on the bill,” the state Finance Minister said.
Leader of Opposition in Assembly Radhakrishna Vikhe Patil said the ruling BJP should not claim credit for ushering in the GST era.
“GST bill is the offspring of Congress and BJP should not claim parentage. It was Congress which bore the ‘labour pain’ (on GST bill),” Vikhe Patil said.
“While in Opposition, BJP opposed this legislation. (Prime Minister) Narendra Modi, while he was Gujarat Chief Minister, also opposed it,” the Congress leader said.
“BJP government always blames Congress for all ills afflicting the country, but on the other hand, implements many of our programmes and policies,” he added.
In the 288-member Maharashtra Assembly, the BJP and Shiv Sena (SS) alliance has a majority of 185. With the Opposition Congress and NCP in favour of GST, the Lower House ratified the Bill unanimously.
Shiv Sena MLA Sunil Prabhu, while participating in the discussion on GST bill in the Assembly, said Brihanmumbai Municipal Corporation (BMC) stands to lose around Rs 7,000 crore per year which it got through octroi, once the Act comes into effect.
“Instead of assuring compensation for this loss for five years, the compensation should be given for 25 years, so that Mumbai (BMC) does not have to beg before the state and Central governments,” Prabhu said.
“Due to the loss of octroi revenue, big development works in Mumbai will be affected. The loss of this revenue will also adversely affect funds needed to provide health facilities to the 1.5 crore Mumbaikars,” the Sena MLA said.
There is a 10 per cent annual growth in BMC’s octroi revenue. So there should be a provision of increase in compensation to BMC by 10 per cent each year, he said.
“Efforts should be made to keep Mumbai’s financial autonomy intact,” he added.
Sena president Uddhav Thackeray has made some suggestions to Jaitley (on GST), Prabhu said.