Imphal, May 27:The Nagaland Legislative Assembly held a special session today to discuss the Goods and Service Tax, GST Bill for consideration and passing in this special session.
Nagaland Chief Minister, Dr. Shurhozelie Leizietsü said introduction of the GST regime will open new era in the indirect taxation structure and administration in India. Addressing the dissemination workshop on GST for the members of the Nagaland Legislative Assembly at the State Banquet hall last evening, the Chief Minister said the new GST regime, which is going to be implemented in the country on 1st July this year, is the successful culmination of all efforts put in the direction of uniform taxation. He said the GST regime will be a milestone for making the tax administration in Nagaland more effective and transparent, having a beneficial effect on the consumers and the economy as a whole. The Chief Minister also expressed hope that tax collection in the State would rise in the GST regime. Also addressing the meeting, Chief Secretary Pankaj Kumar hailed GST as a major path-breaking reform of Indian taxation system. The workshop was organized to familiarize the legislators with the important features of the new GST system.