Goods and Services Tax – GST – Dated:- 22-12-2018 – The GST Council in its 31st meeting held today at New Delhi gave in principle approval to the following amendments in the GST Acts: Creation of a Centralised Appellate Authority for Advance Ruling (AAAR) to deal withcases of conflicting decisions by two or more State Appellate Advance Ruling Authorities on the same issue. Amendment of section 50 of the CGST Act to provide that interest should be charged only on the net tax liability of the tax
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