The GST bill is unconstitutional – Supreme Court

Date:

The Supreme Court has ruled that several sections of the Special Goods and Services Tax Act that have been drafted are unconstitutional. The draft bill was referred to the Supreme Court for interpretation and the Supreme Court informed Parliament of its decision.

Informing Parliament today of the Supreme Court’s interpretation, the Speaker said that certain provisions were unconstitutional.

Accordingly, the passage of the Special Goods and Services Tax Bill requires the consent of a 2/3 majority in Parliament and in addition the consent of the majority of the people of the country must be obtained through a referendum, the Speaker said.

Share post:

spot_imgspot_img

Popular

More like this
Related

ADB Injects $300 Million into Sri Lanka’s Reform and Tourism Revival

ADB Injects $300 Million into Sri Lanka’s Reform and Tourism Revival

Public Debt Office Powers Expanded to Shape Sri Lanka Economy

Public Debt Office Powers Expanded to Shape Sri Lanka Economy

Sri Lanka’s Tea Sector Surges, But Faces Profit Margin Squeeze

Sri Lanka’s Tea Sector Surges, But Faces Profit Margin Squeeze

Sri Lanka’s Debt Tightrope: Restructuring Nears End, but Risks Rise

Sri Lanka’s Debt Tightrope: Restructuring Nears End, but Risks Rise