Road to GST

Revenue Secretary has reconfirmed the date of implementation of the GST as 1st July 2017 and that this would not be extended further.

Migration of the existing taxpayers has again started from 1st June 2017. GST Council in its meeting held on 18th-19th May 2017 finalised the rules and formats of Composition, Valuation (Where the Price is not in monetary terms), ITC ( Input Tax Credit), Invoice, Debit & Credit Notes, Payment, Refund and Registration.