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KEY TAKEAWAYS FROM MODEL GST LAW – SUMMARY – COMPILATION

KEY TAKEAWAYS FROM MODEL GST LAW – SUMMARY – COMPILATION

Submitted by • June 16, 2016 goo.gl

On June 14, 2016 the Finance Ministry has released the 'Model GST Law'. It outlines the structure of the GST regime. Further, the draft of 'Integrated GST Bill, 2016' is also released along with such Model GST laws. It also provides the framework for levy and collection of CGST and SGST. "CGST" is the tax levied under the Central Goods and Services Tax Bill, 2016. "IGST" is the tax levied under the Integrated Goods and Services Tax Bill, 2016.

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Voted by neha_inmacs

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