To push the states to arrive at a consensus on Goods and Services Tax (GST) Bill, Union Finance Minister Arun Jaitley is attending a two-day Empowered Committee of State Finance Ministers meeting in Kolkata on 14 June.
A many as 22 state finance ministers are taking part at the meeting. West Bengal Finance Minister Amit Mitra is chairing the meeting.
Discussions on the draft GST Bill, including the overall framework, and the IT process of the GST are on the agenda of the two-day discussions, said Mitra.
The meeting would also discuss ways and means to resolve issues between the Centre and the state on the GST.
Speaking to media persons, Jaitley, after the meeting, said, “All states have supported GST, only Tamil Nadu has some reservations. As far as 1% additional tax for first three years is concerned, I have made it clear that I am flexible on that issue.” .
West Bengal Chief Minister Mamata Banerjee’s support to the GST has boosted the NDA government’s efforts to get the bill passed in the Rajya Sabha monsoon session, starting next month.
Also, the bill needs to be ratified by more than half of the states.