Empowering MSMEs with News & Insights

Cabinet approves CGST and IGST (Amendment) Bills, 2017

Updated: Jul 20, 2017 06:51:10am
image

Cabinet approves CGST and IGST (Amendment) Bills, 2017

New Delhi, July 20 (KNN) The Union Cabinet has given its ex-post facto approval for the promulgation of the Central Goods and Services Tax (Extension to Jammu & Kashmir) Ordinance, 2017 and Integrated Goods and Services Tax (Amendment) Bill, 2017.

It has also approved replacement of the Ordinance by the CGST (Amendment) Bill, 2017 and IGST (Amendment) Bill, 2017.

In a release, the Cabinet chaired by Prime Minister Narendra Modi said "The Ordinance has extended the provisions of the Central Goods and Services Tax Act, 2017 referred to as (CGST Act) to the State of Jammu & Kashmir."

Also, the Ordinance has extended the provisions of the Integrated Goods and Services Tax Act, 2017 referred to as (IGST Act) to the State of Jammu & Kashmir.  

The Ordinance has been promulgated on 8th July, 2017 and both the Bills will be tabled in the current session of the Parliament. (With PIB Inputs)

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *