Kumari Palany & Co

President approves 4 GST Acts

Posted on: 13/Apr/2017 4:47:09 PM
The President Pranab Mukherji, approved the 4 GST Acts passed recently in the Lok Sabha and the Rajya Sabha today (Thursday, 13th April).

One of the most important proposals in independent India, GST (Goods Services Tax) Act was passed in both the house of the government - the Lok Sabha and the Rajya Sabha.

In order facilitate to implement this proposal in all the states throughout India, the bill was passed and converted into Act. Subsequently, the president has approved this.

As per the central government plan, this new GST would be implemented from 1st July.