GST launch: NCP to attend event in Parliament, Shiv Sena says it supports the new tax regime | india-news | Hindustan Times
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GST launch: NCP to attend event in Parliament, Shiv Sena says it supports the new tax regime

The Congress-led Opposition will boycott the event, on grounds that the country is not prepared for its implementation

india Updated: Jul 07, 2017 12:38 IST
HT Correspondent
Pawar enjoys cordial relations with BJP’s leadership, including Prime Minister Narendra Modi.
Pawar enjoys cordial relations with BJP’s leadership, including Prime Minister Narendra Modi.(File)

The Sharad Pawar-led Nationalist Congress Party (NCP) will participate in the launch of the goods and services tax (GST) in Parliament on Friday evening, even as their ally Congress plans to boycott it.

NCP Rajya Sabha MP Majeed Memon said, “The NCP will attend the GST rollout event in Delhi. We are not boycotting it.”

The Congress-led Opposition will boycott the event, on grounds that the country is not prepared for its implementation.

Trinamool Congress chief Mamata Banerjee and West Bengal chief minister was the first to decide against attending the function at Parliament’s Central Hall to usher in the new uniform tax regime.

The Congress, DMK and Left parties followed suit.

Pawar enjoys cordial relations with BJP’s leadership, including Prime Minister Narendra Modi.

Read more: GST rollout: A look at tax rates and how it will impact your basic expenses

The NCP had extended unsolicited support to the BJP to stabilise its government in Maharashtra after the party failed to get a majority in the Maharashtra Assembly elections in 2014.

The Shiv Sena, BJP’s warring ally, will support the Central government in the implementation of the GST, which will come into effect from the midnight after June 30.

Sena’s Sanjay Raut, Rajya Sabha MP, said, “The government has the Sena’s backing. All our issues have been addressed and there is no reason to oppose. Our party MPs may attend the launch of GST if convenient for them.”

The Shiv Sena earlier had reservations about the new tax regime, fearing it will hit the revenue of the Sena-controlled Mumbai civic body, which fills a large chunk of its coffers through octroi.

Once GST is rolled out, octroi will be scrapped.

The party, however, agreed to come on board after being assured of adequate compensation by the BJP-led government.

Read more: GST impact on economy: Five things to watch out for