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By the Ministry of Finance
GST Goods and Services Tax MODEL GST LAW Released on 14-Jun-2016 By the Ministry of Finance By CA Virender Chauhan CA Kanchan Grover
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April 01, 2017 deadline be met? Can
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9 STAGES FOR GST ROLL-OUT
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Stage-1 Constitution Amendment Bill passes in parliament on 3rd August 2016
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Stage-2 Ratification of Bill by at least 16 states
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Stage-3 President’s Assent required after ratification procedure made by states
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Stage-4 GST Council to be formed to finalize the provisions related to tax rate, exemptions etc.
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Stage-5 Industry feedback required to help the GST Council in finalizing the Model GST Law
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Stage-6 Respective bills to be passed by each state legislature in accordance with the Model GST Law
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Stage-7 Enactment by Parliament after finalization of laws by Centre and States
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Stage-8 GST Network to be launched to help tax payers to understand the processes
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Stage-9 Implementation of GST after completion of all processes
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Searching For Excellence
Thanking You By: CA Virender Chauhan CA Kanchan Grover Searching For Excellence 08-Jul-16 CA Virender Chauhan
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