https://www.taxtmi.com/news?id=1714 The Bill amends the Constitution to confer concurrent power on Parliament and State Legislatures to levy a Goods and Services Tax, creates mechanisms for levy and apportionment of GST on inter State supplies, excludes specified petroleum products and alcohol from GST, and establishes institutional bodies-the Goods and Services Tax Council to make harmonisation recommendations and a Goods and Services Tax Dispute Settlement Authority to adjudicate revenue and harmonisation disputes, while realigning constitutional entries and providing transitional and presidential powers to address implementation difficulties. en-us Tue, 22 Mar 2011 13:59:33 +0530 Thu, 05 Feb 2015 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1714 The Bill amends the Constitution to confer concurrent power on Parliament and State Legislatures to levy a Goods and Services Tax, creates mechanisms for levy and apportionment of GST on inter State supplies, excludes specified petroleum products and alcohol from GST, and establishes institutional bodies-the Goods and Services Tax Council to make harmonisation recommendations and a Goods and Services Tax Dispute Settlement Authority to adjudicate revenue and harmonisation disputes, while realigning constitutional entries and providing transitional and presidential powers to address implementation difficulties. News - Tue, 22 Mar 2011 13:59:33 +0530 https://www.taxtmi.com/news?id=1714