NDA government is poised to introduce the last batch of GST legislations this week in Lok Sabha, probably as early as Monday.
This is the last legislative hurdle for this ambitious indirect tax reform, which the government aims to implement from 1 July 2017.
Separately, the GST Council—the representative body of the centre and the states—will meet on 31 March to finalize nine sets of rules.
The GST Council will then undertake the process of fitting various goods and services into various tax slabs, which is expected to take two months.
The government will introduce four supporting draft laws—the central GST bill, the integrated GST bill, the Union territory GST bill and a bill to compensate states for revenue losses arising from the transition to GST.