Thursday, 29 June 2017

GST(goods and services tax)

��amendment act =101

��GST council head quarters=Newdelhi

��chairman= finance minister( Arun jaitley)

��GST council formation based on article= 279A

��GST finance ministers panel chairman=Amit misra( west bangal finance minister)

��first indian state approved GST bill= assam

��GSTN = goods and seevices tax network

��Zero GST = for food grains

��GST 4 tier structure =5%,12%,18%,28%

��28% GST for = Luxury products

��GST threshold limit for normal states= 20 lakhs

��GST threshold limit for north eastern states = 10 lakhs.

�� first state passed GST bill= Telengana

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