Government sources hinted that mentioning a cap in the Central GST Bill, an enabling legislation to the main Constitution Amendment Bill, could be offered as an option, but the Congress has made no commitment. “We are trying to build consensus on the GST [Bill]. Once the session starts, we will meet again after discussing the issue within our parties,” Mr. Jaitley said after the meeting. Signalling a thaw in positions on the Goods and Services Tax (GST) Bill, Union Ministers and Congress leaders met on Friday and declared that efforts were on to forge consensus ahead of the monsoon session of Parliament. We are trying to build consensus on GST.

Source: The Hindu July 15, 2016 09:28 UTC