<h1>GST framework update: concurrent central/state levies, new return rollouts, ITC scope, e way bill and electronic administration.</h1> The document summarises the GST framework as of 1 July 2019: constitutional concurrent levy under Article 246A, roles of the GST Council and CBIC, creation of CGST/SGST/IGST, transitional compensation mechanisms, exclusions from GST, registration thresholds and composition scheme rules, phased rollout of a new invoice level return system (ANX 1/ANX 2 and RET 01), electronic administration via GSTN and e way bills, scope and rationalisation of input tax credit, reverse charge and TDS/TCS provisions, refund and payment procedures, and sectoral measures for real estate and calamity cess.