Diabytes
Amendments to GST Bill News
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The CGST Bill makes provisions for levy and collection of tax on intra-state supply of goods or services, the integrated GST deals in taxation of inter-state movement of goods and services while the Union Territory GST Bill covers taxation in Union Territories.
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Would the Bihar elections result have any impact on the Centre's ability to get the important bills passed in the Parliament?
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Amid ruckus by opposition members in the Rajya Sabha, Finance Minister Arun Jaitley on Tuesday introduced a constitutional amendment bill to enable implementation of goods and services tax (GST) in the country.
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The Cabinet decided that the modalities for levy of 1 percent tax over and above the GST rate by states as well as the 'band' rate would be finalised while framing the rules, sources said.
The Union Cabinet on Wednesday approved amendments as proposed by Rajya Sabha Select Panel on GST Constitution Amendment Bill.
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