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Draft Model GST Law, Draft IGST Law and Draft Compensation Law placed in the public domain for information of trade, industry and other stake holders

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The Draft Model Law, Draft IGST and Draft Compensation which would be considered by the Council for approval are placed in the public domain for information of trade, industry and other stake holders. The Draft Model Laws can be accessed at the following websites: www.cbec.gov.in, www.dor.gov.in and www.gov.in

Earlier, the Draft Model was put in public domain in the month of June, 2016 for comments. A large number of comments were received on the Draft Model from various stake holders including the trade and industry associations and public.

A Technical Committee of officers from some of the States and the Central Government was constituted to examine the inputs from the stake holders and make suitable amendments in the Draft Model The Revised Draft submitted by this Technical Committee on was further discussed in a meeting held on 21st and 22nd of November, 2016 in Delhi where officers from all States and Central Government were present. The revised and improved version of this Model laws shall now be considered by the Council for approval on 2nd and 3rd of December, 2016.

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Draft Model GST Law, Draft IGST Law and Draft Compensation Law placed in the public domain for information of trade, industry and other stake holders

Earlier, the Draft Model GST Law was put in public domain in the month of June, 2016 for comments. A large number of comments were received on the Draft Model GST Law from various stake holders including the trade and industry associations and public. The Draft Model Law, Draft IGST and Draft Compensation which would be considered by the Council for approval are placed in the public domain for information of trade, industry and other stake holders. The Draft Model Laws can be accessed at the following websites: www.cbec.gov.in, www.dor.gov.in and www.gov.in

Earlier, the Draft Model was put in public domain in the month of June, 2016 for comments. A large number of comments were received on the Draft Model from various stake holders including the trade and industry associations and public.

A Technical Committee of officers from some of the States and the Central Government was constituted to examine the inputs from the stake holders and make suitable amendments in the Draft Model The Revised Draft submitted by this Technical Committee on was further discussed in a meeting held on 21st and 22nd of November, 2016 in Delhi where officers from all States and Central Government were present. The revised and improved version of this Model laws shall now be considered by the Council for approval on 2nd and 3rd of December, 2016.

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Draft Model GST Law, Draft IGST Law and Draft Compensation Law placed in the public domain for information of trade, industry and other stake holders

The Draft Model Law, Draft IGST and Draft Compensation which would be considered by the Council for approval are placed in the public domain for information of trade, industry and other stake holders. The Draft Model Laws can be accessed at the following websites: www.cbec.gov.in, www.dor.gov.in and www.gov.in

Earlier, the Draft Model was put in public domain in the month of June, 2016 for comments. A large number of comments were received on the Draft Model from various stake holders including the trade and industry associations and public.

A Technical Committee of officers from some of the States and the Central Government was constituted to examine the inputs from the stake holders and make suitable amendments in the Draft Model The Revised Draft submitted by this Technical Committee on was further discussed in a meeting held on 21st and 22nd of November, 2016 in Delhi where officers from all States and Central Government were present. The revised and improved version of this Model laws shall now be considered by the Council for approval on 2nd and 3rd of December, 2016.

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22