President Pranab approved 4 GST bills

     Written by : SMTV24x7 | Fri, Apr 14, 2017, 12:01 PM

President Pranab approved 4 GST bills

New Delhi, April 14: The President of India Pranab Mukherjee had approved four bills, which are related to Goods and Service Tax (GST) on Thursday.

These 4 bills were passed in the Lok Sabha on March 29, and in the Rajya Sabha on April 6. PM Modi's cabinet had approved them on March 20.

The bills are related to Central GST (C-GST), Integrated GST (I-GST), Union Territory GST (UT-GST) and the Compensation to the States Law, which are implemented from July 1st.

The GST Council will be planned a meeting with the Finance Minister Arun Jaitley on May18-19. In the meeting, they are going to discuss Central excise tax, service tax, Value added tax (VAT).They will also discuss Petrolium products and wines.