1. Nagaland Assembly ratifies GST

Nagaland Assembly ratifies GST

The Nagaland Legislative Assembly today ratified the Goods and Service Tax (GST) Constitution Amendment Bill.

By: | Kohima | Published: August 26, 2016 5:27 PM
The bill was endorsed by the House by a voice vote following a brief discussion. (Source: Reuters)

The Nagaland Legislative Assembly today ratified the Goods and Service Tax (GST) Constitution Amendment Bill.

The bill was endorsed by the House by a voice vote following a brief discussion.

Introducing the bill, Minister for Parliamentary Affairs Kiyanilie Peseyie said the revenue of the state would go up as tax evasion would be checked due to transparency and broadening of tax base.

“A purely consuming state like Nagaland will benefit even more since GST is based on the destination principle,” he said, adding, tax administration would improve since most of the activity would be online.

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