On 3 August 2016, India's Rajya Sabha (upper house of parliament) approved the Constitution Amendment Bill (Bill 192 of 2014) allowing for the implementation of a national GST regime that will replace several indirect taxes levied at the federal (Central) and State levels. The approval completes the main legislative process for the Bill, but it must still be ratified by at least 50% of the States and receive presidential assent before entering into force. Although additional steps are needed,…