Tuesday, 30 August 2016

GST bill now slowly going into existence

On 8 august 2016 government has passed the GST (goods and service tax) bill but this bill will come into existence when 29 States will ratified the GST bill. As of now 13 states ratified the GST bill and 16 States will going to ratify the GST bill after they communicate with each other members and if the majority wins in each of the state then GST will pass in the remaining states and India gets the new tax system in terms of GST bill.

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