A further revised draft of the Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014 for GST was received from the Government of India on 4th December, 2014. The draft was considered by the Empowered Committee in its meeting held on 11th December, 2014. As the revised Bill did not meet all the recommendations of the Committee, it was decided to take up these issues/concerns again with the Hon’ble Union Finance Minister. Accordingly, these concerns were discussed with the Hon’ble Union Finance Minister on 11th December, 2014. To
find a solution, a series of meetings were taken by the Hon’ble Union Finance Minister with the then Chairman, Empowered Committee and a few State Finance Ministers on 11th, 15th and 16th December, 2014. After which, the Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014 was finalized by the Government of India and introduced in the Parliament on 19th December, 2014.