GST Act will come into force from July 2017: 5 things you need to know
Finance Minister Arun Jaitley moved four GST Bills for the consideration in the Lok Sabha for the passage. The CGST Bill will enable collection of tax on inter-state supply of goods and services or both by the union government. The integrated GST Bill 2017 provides for the levy and collection of tax on inter-state supply. Here are the 5 things of GST.