Prime Minister Narendra Modi has said that the Goods and Services Tax (GST) shows the strength and resolve of the federal structure. Consensus on GST will go down in history as a great illustration of cooperative federalism and the tax reform reflects the spirit of 'One nation, One aspiration, One determination', added the Prime Minister.
PM Modi said this while delivering the opening remarks at the third meeting of the Governing Council of NITI Aayog. He also gave credit to all Chief Ministers for coming on one platform for this cause, keeping aside ideological and political differences.
The Prime Minister also reiterated that the legislative arrangements at the state-level for GST should be put in place without delay.
Revenue Secretary Hasmukh Adhia made a presentation on GST at the meeting, explaining the benefits of the system and the way forward. He urged the Chief Ministers to expedite the enactment of State GST Acts. (KD)
Source: Fibre2Fashion News Desk – India