Implementation of GST in India

Implementation of GST in India

  1. Setting up IT Network by GSTN
  2. Final CGST, SGST, IGST Legislation’s
  3. Draft GST Legislation’s of CGST/IGST and Model SGST Legislation’s
  4. To set up GST Council within 60 days of Assent of the President
  5. 26th September, 2016: GST Draft Rules and Formats issued by CBEC
  6. 8th September, 2016: Bill followed by the Presidential assent.
  7. Bill receives assent & becomes the Act
  8. 1st September, 2016: Being a constitution amendment that involves the states, requirement of ratification by more than 50% of State Legislatures completed.
  9. 8th August, 2016: Since the present bill bears certain amendments, the bill was tabled at Lok Sabha and passed again, as approval by both the houses of parliament was required.
  10. 3rd August, 2016: GST constitutional Bill (One Hundred and Twenty-Second Amendment) Bill, 2014, as passed by the Rajya Sabha.
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