Why GST Bills were introduced as ‘Money Bill’ in Lok Sabha? Arun Jaitley answers
Dated 30th March, 2017
Opposition raised question over tabling of GST Bills as ‘Money Bill’ and not ‘Finance Bill’. (Read – Difference between money bill and finance bill)
Arun Jaitley responded by saying “I dare anyone, provide me an example since the enactment of the constitution in 1950. Provide me an instance of a law imposing a tax and providing a machinery for collecting that tax be anything but a money bill. There is no example when such a bill was not a money bill.”
Yesterday, Lok Sabha all four GST Bills – Central GST bill, the Integrated GST bill, the Union Territories GST bill and the compensation law. Download the copy of all four bills from here – GST Bills.