Panel report on GST to be tabled

The Parliamentary Standing Committee report on Goods and Service Tax (GST), which is aimed at bringing in a common tax regime for goods and services by subsuming most indirect taxes, will be tabled in the monsoon session of Parliament beginning on August 5.

The standing committee on finance on Friday finalised its report on GST and it will be tabled in the Lok Sabha in the monsoon session," a source said.

The GST Bill, introduced in Parliament in 2010, is being vetted by the standing committee on finance. Now, the states and the Centre would together finalise the draft and bring it back to Parliament.