This was stated by Finance Minister S B Behera while initiating the debate in the special session of Odisha assembly convened to pass the GST Bill.
Stating that GST will unify at least 17 central and state taxes together, Behera said products manufactured in the states as well as in the country could compete with products in the international market.
In a clarification, Behera said the Centre would have no right to impose tax on the sale of products and the state govenrments could not impose tax on the service.
The GST takes care of 17 different taxes, Behera said appealing to the members of the assembly to help in passing the twin bills - Odisha Goods and Service Tax Bill, 2017 and Odisha Value Addeed Tax (Amendment) Bill, 2017.
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While Opposition BJPLP leader K V Singhdeo complimented the state government for bringing the GST Bill for passing in the assembly, Congress demanded that the Bill be sent to select committee for further deliberation.
BJD chief whip Amar Prasad Satpathy, however, praised the NDA government for passing of the GST Bill in Parliament.
"While the UPA-I and UPA-II could not bring consensus on the Bill, the NDA government did it," Satpathy said adding that the Centre has assured to compensate the state's loss for implementation of GST.