8.50 p.m.: All four GST Bills passed. Lok Sabha adjourned till 11 am tomorrow.
8.40 p.m.: One of the GST Bills, Central Goods and Services Tax Bill, 2017, passed.
8.00 p.m.: Lok Sabha
Arun Jaitley: “The Central govt does not decide the rates. The Centre will only notify the rates.”
7.45 p.m.: Lok Sabha
Arun Jaitley: “Without multiple rates, it’ll become a regressive tax. There are many goods on which we can’t levy a tax. Can’t impose 15% on food. It was a unanimous decision. For one commodity there’ll be only onerate in the country. ”