GST bill gets nod from President Pranab Mukherjee

GST bill gets nod from President Pranab Mukherjee

By Accommodation Times News Service

With the President giving his assent, the govt will notify the GST Council. FM will head the Council, which will comprise state Finance Ministers

The legislation amending the Constitution to enable goods and services tax (GST) has become a law with President Pranab Mukherjee giving his assent to the bill ratified by more than 50 per cent state assemblies.

This is a significant milestone achieved in the implementation of GST that sets the stage for GST Council, which will work out the details of the tax, including the rate at which it will be levied.





Similar Articles

Leave a Reply

Top