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Four Bills tabled for First and Second Reading

Posted on :25 November 2021

The Civil Society Organization (Amendment) Bill of Bhutan 2021, Private Members Bill and three Money Bills, the Customs Duty (Amendment) Bill of Bhutan 2021, Tax (Amendment) Bill of Bhutan 2021, and Goods and Services Tax (Amendment) Bill of Bhutan 2021 were tabled for First and Second Reading today.

The Finance Minister submitted that Amendment of the Money Bills has been introduced, due to the revisions made in the “Convention on the Harmonized Commodity Description and Coding System” commonly known as HS of which Bhutan has been a contracting party to since 27th October 2006.  The Revisions to the HS have resulted in changes in the Bhutan Trade Classification (BTC) Code, Tariff Schedule, and textual changes in the Schedule in the Acts. 

The Bills were then referred to the relevant Committees for review.


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