| Some things about the GST of India?
Here will discuss about GST and some valuable points of GST:-
(1)GST was first released on 1 July 2017 in India which is based on country Canada.
(2)Full form of GST is Goods & Service Tax
(3)GST bill was presend un parliment in year 2014(122 constitutional amendment bill)
(4)In Loksabha GST bill is passed on 3 August 2016.
(5)In RajyaSabha it was passed on 8 August 2016.
(6)President has approved on 8 Sepetember 2016.
(7)As per 101 constitutional amendment it was applied in India.
(8)GST contains different rates like 5, 12, 18 and 28 percent.
(9)GST Council is established on 12 September 2016.
(10)Head of GST Council is Finance Minister.
(11)GST registration contain 15 digit.
(12)SGST (State Goods & Service Tax)
(13)CGST (Central Goods & Service Tax)
(14)IGST (Integrated Goods & Service Tax)
(15)India was the 161 country who applied GST. | | |