GST Timeline 2017-05-21T15:05:00+00:00

GST Timeline

APRIL 2017 – PRESIDENT SIGNS FOUR GST BILLS INTO LAW

April 13, 2017

APRIL 2017 – PRESIDENT SIGNS FOUR GST BILLS INTO LAW
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Share this on WhatsApp Hon’ble President Pranab Mukherjee signed four enabling Bills related to the goods and services tax (GST) into law, taking the country a step closer to its biggest indirect tax reform. He has given his assent to the Central GST Act, 2017, the Union Territory GST Act, 2017, the Integrated GST Act, 2017 and the…

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APRIL 2017 – RAJYA SABHA PASSES THE FOUR KEY BILLS

April 6, 2017

APRIL 2017 – RAJYA SABHA PASSES THE FOUR KEY BILLS
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Share this on WhatsApp The Rajya Sabha passed the four Key Goods and Services Tax (GST) bills without any amendments.The Lok Sabha had approved the four Bills – Central GST (CGST), Integrated GST (IGST), Union Territory GST (UTGST) and the Compensation to states law on March 29. Share this on WhatsApp

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MARCH 2017 – LOK SABHA PASSES THE FOUR BILLS

March 29, 2017

MARCH 2017 – LOK SABHA PASSES THE FOUR BILLS
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Share this on WhatsApp The Lok Sabha passed the Central GST Bill, 2017 (CGST Bill), Integrated GST Bill, 2017 (IGST Bill), Union Territory GST Bill, 2017 (UTGST Bill) and the GST (Compensation to the States) Bill 2017. The fifth law — SGST Bill — will be taken by the state governments through their cabinets to…

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MARCH 2017 – Cabinet Approves 4 GST Supplementary Bills

March 20, 2017

MARCH 2017 – Cabinet Approves 4 GST Supplementary Bills
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Share this on WhatsApp The Union Cabinet approved four legislations required to implement the goods and services tax (GST). Cabinet chaired by Prime Minister Narendra Modi has approved the four GST related bills — The Central Goods and Services Tax Bill 2017 (The CGST Bill), The Integrated Goods and Services Tax Bill 2017 (The IGST…

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MARCH 2017 – TWELFTH MEETING OF GST COUNCIL HELD.

March 16, 2017

MARCH 2017 – TWELFTH MEETING OF GST COUNCIL HELD.
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Share this on WhatsApp Twelfth meeting of GST Council held in New Delhi. Council here cleared the remaining two supplementary legislations UTGST (Union Territory GST Law) and the SGST (State GST Law) needed for implementation of the goods and service tax (GST) regime. The Council has already approved CGST (Central GST), IGST (Integrated GST) and Compensation…

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MARCH 2017 – ELEVENTH MEETING OF GST COUNCIL HELD.

March 4, 2017

MARCH 2017 – ELEVENTH MEETING OF GST COUNCIL HELD.
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Share this on WhatsApp Eleventh meeting of GST Council held in New Delhi. Council here gave approval to the two key draft laws of Central GST (CGST) and Integrated GST (IGST). Final approval to these laws, along with the other two pending laws of State GST (SGST) and Union Territory (UTGST) are likely by next meeting of…

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FEBRUARY 2017 – TENTH MEETING OF GST COUNCIL HELD

February 18, 2017

FEBRUARY 2017 – TENTH MEETING OF GST COUNCIL HELD
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Share this on WhatsApp Tenth meeting of GST Council took place in Udaipur on Saturday.Council here managed to approve only one draft law pertaining to compensation to states, even as three crucial draft laws — Central GST (CGST), Integrated GST (IGST) and State GST (SGST) — got caught in a tussle between the states and…

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JANUARY 2017 – NINTH MEETING OF GST COUNCIL HELD

January 16, 2017

JANUARY 2017 – NINTH MEETING OF GST COUNCIL HELD
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Share this on WhatsApp There was a broad consensus for GST to be rolled out from 1st July 2017, instead of 1st April 2017. The issue of dual control was broadly resolved. States will have powers to assess and administer 90 per cent of the tax payers under Rs. 1.5 crores annual turnover while the…

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JANUARY 2017 – Eighth Meeting of GST Council held

January 4, 2017

JANUARY 2017 – Eighth Meeting of GST Council held
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Share this on WhatsApp Eighth meeting of GST Council took place on 3-4th January 2017. Issue of dual control remained unresolved. Some states have raised a new issue of split in tax rate in ratio of 60:40 between states and centre instead of equally dividing GST between centre and states. The next meeting has been…

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DECEMBER 2016 – Seventh Meeting of GST Council held

December 23, 2016

DECEMBER 2016 – Seventh Meeting of GST Council held
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Share this on WhatsApp Another two day meeting of GST Council led by Finance Minister Arun Jaitley concluded on 23rd December 2016. No consensus was reached on issue of dual control. Draft CGST and SGST Law were cleared along with compensation law. The next meeting has been fixed for 3-4th January 2017. Share this on…

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DECEMBER 2016 – Sixth Meeting of GST Council held

December 11, 2016

DECEMBER 2016 – Sixth Meeting of GST Council held
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Share this on WhatsApp Yet another meeting of the GST Council ended inconclusively, as the contentious issue of dual control of assessees could not be sorted. Draft GST legislations were discussed at the meeting. The next meeting of the GST Council has been fixed for December 22 and 23. Share this on WhatsApp

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DECEMBER 2016 – Fifth Meeting of GST Council held

December 3, 2016

DECEMBER 2016 – Fifth Meeting of GST Council held
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Share this on WhatsApp A two-day meeting of the GST Council concluded on 3rd December. Again, consensus could not be reached on the issue of sharing of administrative powers between the centre and the states. However, certain headway was made on finalization of the draft legislations, and the same are expected to be finalized in…

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NOVEMBER 2016 – GST Portal goes live

November 8, 2016

NOVEMBER 2016 – GST Portal goes live
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Share this on WhatsApp GSTN made the www.gst.gov.in portal live for migration of existing assessees. The migration will take place in a staggered manner. The new portal is expected to be simple and will enable easy filing of returns and tax payments through credit/debit cards and other modes. A new provisional identification number will be generated…

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NOVEMBER 2016 – Fourth meeting of GST Council held

November 3, 2016

NOVEMBER 2016 – Fourth meeting of GST Council held
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Share this on WhatsApp A four-tier GST rate structure of 5%, 12%, 18% and 28% was decided by the GST Council. Essential items including food will be taxed at zero rate. The lowest rate of 5% would be for common use items. 12% and 18% would be the standard rates. The highest rate would apply…

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OCTOBER 2016 – Third meeting of GST Council held

October 19, 2016

OCTOBER 2016 – Third meeting of GST Council held
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Share this on WhatsApp The GST Council reached a consensus on state compensation; the base year will be 2015-16. A four-tier rate structure comprising a lower rate of 6%, two standard rates of 12% and 18%, and a higher rate of 26% with an additional cess for luxury and demerit goods were proposed in the…

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SEPTEMBER 2016 – Second meeting of GST Council held

September 30, 2016

SEPTEMBER 2016 – Second meeting of GST Council held
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Share this on WhatsApp The GST Council finalized five subordinate legislations relating to payment, returns, refunds, invoice and registration. It also reached at a consensus on area-based exemption in accordance with those granted under the current excise regime. The Council decided that under GST, taxes will have to be collected and it can be reimbursed…

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SEPTEMBER 2016 – Tripura ratify the Bill

September 26, 2016

SEPTEMBER 2016 – Tripura ratify the Bill
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Share this on WhatsApp Tripura became the twenty second state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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SEPTEMBER 2016 – First meeting of GST Council held

September 22, 2016

SEPTEMBER 2016 – First meeting of GST Council held
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Share this on WhatsApp In the first meeting of GST Council, the threshold exemption has been decided at Rs. 10 Lakhs for North-Eastern States, and Rs. 20 Lakhs for the rest of India. Further, it is decided that States will have sole jurisdiction over assessees having a turnover of Rs. 1.5 crores or less. The…

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SEPTEMBER 2016 – All Sections of GST Amendment Act Enforced

September 16, 2016

SEPTEMBER 2016 – All Sections of GST Amendment Act Enforced
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Share this on WhatsApp Ministry of Finance has vide Notification No. S.O. 2986(E) dated September 16, 2016 enforced Sections 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 13, 14, 15, 16, 17, 18, 19 and 20 of Constitution (One Hundred and First Amendment) Act, 2016.  Central Government has appointed  the 16th day…

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SEPTEMBER 2016 – Hon’ble President has constituted the Goods and Services Tax Council

September 15, 2016

SEPTEMBER 2016 – Hon’ble President has constituted the Goods and Services Tax Council
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Share this on WhatsApp Vide F. No. 31011/09/2015-SO (ST) dated 15th September, 2016, Hon’ble President has constituted the Goods and Services Tax Council (“GST Council “) consisting of the following members, namely:- The Union Finance Minister as the Chairperson The Union Minister of State in charge of Revenue or Finance as Member The Minister in…

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SEPTEMBER 2016 – Punjab ratify the Bill

September 12, 2016

SEPTEMBER 2016 – Punjab ratify the Bill
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Share this on WhatsApp Punjab became the twenty oneth state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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SEPTEMBER 2016 – Center has notified that Section 12 of the Constituional 101st Amendment Act shall come into Force

September 12, 2016

SEPTEMBER 2016 – Center has notified that Section 12 of the Constituional 101st Amendment Act shall come into Force
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Share this on WhatsApp Center has notified September 12, 2016 as the date on which Section 12 of the Constitutional 101st Amendment Act shall come into force.  Accordingly, GST Council can now be formed by the Center which shall constitute comprising the Union Finance Minister as Chairman, MOS–Revenue/ Finance and State Finance Ministers as its…

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SEPTEMBER 2016 – Meghalaya ratify the Bill

September 9, 2016

SEPTEMBER 2016 – Meghalaya ratify the Bill
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Share this on WhatsApp Meghalaya became the twentieth state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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SEPTEMBER 2016 – Andhra Pradesh ratify the Bill

September 8, 2016

SEPTEMBER 2016 – Andhra Pradesh ratify the Bill
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Share this on WhatsApp Andhra Pradesh became the nineenth  state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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SEPTEMBER 2016 – Arunachal Pradesh ratify the Bill

September 8, 2016

SEPTEMBER 2016 – Arunachal Pradesh ratify the Bill
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Share this on WhatsApp Arunachal Pradesh became the eighteenth  state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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SEPTEMBER 2016 – President Accorded his Assent to the Bill

September 8, 2016

SEPTEMBER 2016 – President Accorded his Assent to the Bill
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Share this on WhatsApp Honorable President has also accord his assent to the Bill on September 8, 2016.  The Bill post enactment shall be called Constitution (101st  Amendment) Act, 2016. Share this on WhatsApp

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SEPTEMBER 2016 – Puducherry ratify the Bill

September 2, 2016

SEPTEMBER 2016 – Puducherry ratify the Bill
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Share this on WhatsApp Puducherry became the seventeenth  state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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SEPTEMBER 2016 – Rajasthan ratify the Bill

September 2, 2016

SEPTEMBER 2016 – Rajasthan ratify the Bill
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Share this on WhatsApp Rajasthan became the sixteenth  state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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SEPTEMBER 2016 – Odisha ratify the Bill

September 1, 2016

SEPTEMBER 2016 – Odisha ratify the Bill
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Share this on WhatsApp Odisha became the fifteenth state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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AUGUST 2016 – Goa ratify the Bill

August 31, 2016

AUGUST 2016 – Goa ratify the Bill
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Share this on WhatsApp Goa became the fourteenth state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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AUGUST 2016 – Telangana ratify the Bill

August 30, 2016

AUGUST 2016 – Telangana ratify the Bill
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Share this on WhatsApp Telangana became the thirteenth state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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AUGUST 2016 – Sikkim ratify the Bill

August 30, 2016

AUGUST 2016 – Sikkim ratify the Bill
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Share this on WhatsApp Sikkim became the twelfth state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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AUGUST 2016 – Mizoram ratify the Bill

August 30, 2016

AUGUST 2016 – Mizoram ratify the Bill
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Share this on WhatsApp Mizoram became the eleventh state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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AUGUST 2016 – Maharashtra ratify the Bill

August 29, 2016

AUGUST 2016 – Maharashtra ratify the Bill
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Share this on WhatsApp Maharashtra became the tenth state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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AUGUST 2016 – Haryana ratify the Bill

August 29, 2016

AUGUST 2016 – Haryana ratify the Bill
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Share this on WhatsApp Haryana became the ninth state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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AUGUST 2016 – Nagaland ratify the Bill

August 26, 2016

AUGUST 2016 – Nagaland ratify the Bill
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Share this on WhatsApp Nagaland became the eight state to ratify the 122nd Constitutional Amendment Bill, 2014. Share this on WhatsApp

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AUGUST 2016 – Madhya Pradesh ratify the Bill

August 24, 2016

AUGUST 2016 – Madhya Pradesh ratify the Bill
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Share this on WhatsApp Madhya Pradesh became the Seventh State to ratify the 122nd Constitutional Amendment bill 2014 on 24 August 2016. Share this on WhatsApp

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AUGUST 2016 – Delhi ratify the Bill

August 24, 2016

AUGUST 2016 – Delhi ratify the Bill
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Share this on WhatsApp Delhi became the First Union Territory to ratify the 122nd Constitutional Amendment bill 2014 on 24 August 2016. Share this on WhatsApp

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AUGUST 2016 – Gujraat ratify the Bill

August 23, 2016

AUGUST 2016 – Gujraat ratify the Bill
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Share this on WhatsApp Gujrat became the sixth state to ratify the 122nd Constitutional Amendment bill 2014 on 23 August 2016. Share this on WhatsApp

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AUGUST 2016 – Himachal Pradesh ratify the Bill

August 22, 2016

AUGUST 2016 – Himachal Pradesh ratify the Bill
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Share this on WhatsApp Himachal Pradesh became the fifth state to ratify the 122nd Constitutional Amendment bill 2014 on 22 August 2016. Share this on WhatsApp

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AUGUST 2016 – Chhattisgarh ratify the Bill

August 22, 2016

AUGUST 2016 – Chhattisgarh ratify the Bill
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Share this on WhatsApp Chhattisgarh became the fourth state to ratify the 122nd Constitutional Amendment bill 2014 on 22 August 2016. Share this on WhatsApp

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AUGUST 2016 – Jharkhand ratify the Bill

August 17, 2016

AUGUST 2016 – Jharkhand ratify the Bill
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Share this on WhatsApp Jharkhand became the third state to ratify the 122nd Constitutional Amendment bill 2014 on 17 August 2016. Share this on WhatsApp

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AUGUST 2016 – Bihar ratify the Bill

August 16, 2016

AUGUST 2016 – Bihar ratify the Bill
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Share this on WhatsApp Bihar became the second state to ratify the 122nd Constitutional Amendment bill 2014 on 16 August 2016. Share this on WhatsApp

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AUGUST 2016 – Assam ratify the Bill

August 12, 2016

AUGUST 2016 – Assam ratify the Bill
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Share this on WhatsApp On 12 August 2016, Assam became the first state to ratify the bill, when the Assam Legislative Assembly unanimously approved it. Share this on WhatsApp

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AUGUST 2016 – Amended bill was passed by the Lok Sabha

August 8, 2016

AUGUST 2016 – Amended bill was passed by the Lok Sabha
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Share this on WhatsApp Amended bill was passed by the Lok Sabha on 8 August 2016. Share this on WhatsApp

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AUGUST 2016 – Bill was passed by the Rajya Sabha

August 3, 2016

AUGUST 2016 – Bill was passed by the Rajya Sabha
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Share this on WhatsApp The bill was passed by the Rajya Sabha on 3 August 2016 Share this on WhatsApp

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JULY 2015 – Select Committee submits report to Rajya Sabha

July 22, 2015

JULY 2015 – Select Committee submits report to Rajya Sabha
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Share this on WhatsApp The Select Committee of the Rajya Sabha submitted its report on the bill on 22 July 2015. Share this on WhatsApp

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MAY 2015 – Rajya Sabha referred Bill to Select Committee

May 14, 2015

MAY 2015 – Rajya Sabha referred Bill to Select Committee
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Share this on WhatsApp In the Rajya Sabha, the bill was referred to a Select Committee on 14 May 2015. Share this on WhatsApp

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MAY 2015 – Lok Sabha Passed First Amendment

May 6, 2015

MAY 2015 – Lok Sabha Passed First Amendment
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Share this on WhatsApp Lok Sabha  on 6 May 2015 passed  The Constitution (122nd Amendment) Bill, 2014 introduced by Finance Minister Arun Jaitley. Share this on WhatsApp

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DECEMBER 2014 – First Amendment Bill

December 19, 2014

DECEMBER 2014 – First Amendment Bill
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Share this on WhatsApp   The Constitution (122nd Amendment) Bill, 2014 was introduced in the Lok Sabha by Finance Minister Arun Jaitley on 19 December 2014. Share this on WhatsApp

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APRIL 2009 – First Discussion Paper

April 1, 2009

APRIL 2009 – First Discussion Paper
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Share this on WhatsApp Empowered committee of State Finance Ministers submitted its report to the government in April 2008 and released its First Discussion Paper on GST in India in 2009. Share this on WhatsApp

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February 2006 – GST Announcement

February 28, 2006

February 2006 – GST Announcement
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Share this on WhatsApp In his budget speech on 28 February 2006, P. Chidambaram, the then Finance Minister, announced the target date for implementation of GST to be 1 April 2010 and formed another empowered committee of State Finance Ministers to design the roadmap. Share this on WhatsApp

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