The Finance Ministry will decide on whether to bring out yet another revised draft of the Constitutional Amendment Bill, needed for the roll out of the new indirect taxes regime GST, after it has received inputs from state finance ministers who are to meet here tomorrow.
The Empowered Committee of state finance ministers on Goods and Services Tax (GST) is slated to discuss the Centre’s proposal on the bill and take a view on the second draft.
At its previous meeting on August 18, some states had wanted a month’s time to study the revised draft.
Meanwhile, Finance Minister Pranab Mukherjee had said a third revised draft could be prepared to sort out states’ concerns.
“We will decide on the issue of third revised draft (of the bill) after knowing the views of state finance ministers,” a key official in the Finance Ministry said.