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From when has GST been implemented in India? What is the procedure for implementing it? |
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Answer» Goods and service tax has been implemented in India from 1 July, 2017. After obtaining the president’s assent on four important GST Bills, the Bill became a Law. The Parliament and State legislatures needed to pass the GST Bills that will detail the central and state GST rates and the classification of goods on the basic rates. After the bill becoming law, it will apply all over the country. |
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