Sensex, Nifty consolidate as investors say GST Bill priced in

Revenue secretary on GST: While addressing press conference after the GST Bill passed in Rajya Sabha, Revenue secretary, Hasmukh Adhia said establishment of legal framework needed for GST roll-out by April 2017.
He expects approval of at least 16 states in next 30 days and all the GST bills to come before Parliament in winter session.
Adhia said 17 states gave their back-end work to GST Network and should be completed by November, adding 17.3 lakh Central Board of Excise and Customs officers & 30,000 officers under states will have to be trained.


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