AGARTALA, May 12 (TIWN): ‘GST to be launched in Northeast state Tripura from July 1st, 2017’, Finance Minister Bhnaulal Saha told media in the evening.

In this regard a workshop was conducted at Pragna Bhawan, where opposition / ruling MLAs shared their opinions about GST.

However, GST will be introduced here in Tripura, confirmed the Minister.

Goods and Services Tax (GST) is an upcoming system of taxation in India which will merge many individually applied taxes into a single tax. It was introduced as The Constitution (One Hundred and First Amendment) Act 2016, following the passage of Constitution 122ndAmendment Bill. The GST is governed by GST Council and its Chairman is Union Finance Minister of India - Arun Jaitley.

However, special relaxations for Northeast states and J&K is there under GST.