It played a crucial role in shaping the GST framework in India. The GST Council, consisting of the Union Finance Minister and representatives from all States and Union Territories, was established to make decisions on various aspects of GST, including tax rates, exemptions, and administrative procedures. For assisting the GST Council, the office of the GST Council Secretariat was also established. Further, the Bill has been ratified by the required number of States and has since received the assent of the President on 8 th September, 2016 and has been enacted as the 101st Constitution Amendment Act, 2016. The Bill with certain amendments was finally passed in the Rajya Sabha and thereafter by the Lok Sabha in August, 2016. The Constitution Amendment Bill was passed by the Lok Sabha in May, 2015. The Bill aimed to amend the Constitution to enable the implementation of GST. The Constitution Amendment Bill was introduced in 2011 but faced challenges regarding compensation to States and other issues.Īfter years of deliberation and negotiations between the Central and State Governments, the Constitution (122 nd Amendment) Bill, 2014, was introduced in the Parliament. The Empowered Committee of State Finance Ministers prepared a design and roadmap, releasing the First Discussion Paper in 2009. The objective was to replace the prevailing complex and fragmented tax structure with a unified system that would simplify compliance, reduce tax cascading, and promote economic integration. ![]() Since our priority is getting you your on time, we will ship the equivalent, making sure it the substitute is at a minimum, a 100% equivalent.The idea of a nationwide GST in India was first proposed by the Kelkar Task Force on Indirect taxes in 2000. ![]() Unfortunately items of a particular brand are sometimes out of stock and often we have an equivalent item in stock from a different manufacturer. We use warehouses in over 30 facilities throughout the US, so we can guarantee next day delivery.
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