Goods and Services Tax – GST – Dated:- 13-4-2017 – New Delhi, Apr 13 (PTI) – President Pranab Mukherjee has given assent to four key legislations on Goods and Services Tax (GST), paving the way for the roll out of one-nation-one- tax regime from July 1. The legislations were The Central GST Act, 2017, The Integrated GST Act, 2017, The GST (Compensation to States) Act, 2017, and The Union Territory GST Act, 2017, officials said today. These bills were passed in Rajya Sabha on April 6 and by Lok Sabha on March 29. The GST, the biggest taxation reform since Independence, will subsume central excise, service tax, Value Added Tax (VAT) and other local levies to create an uniform market. The Central Goods and Services Tax Act, 2017, provides for
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