https://www.taxtmi.com/news?id=13862 Constitutional amendment establishes a destination based Goods and Services Tax subsuming central and state indirect levies into a dual structure of CGST and SGST for intra State supplies and an Integrated GST (IGST) for inter State supplies and imports. A Goods and Services Tax Council will set rate bands, exemptions, model laws and dispute modalities. An IT driven GST Network, place of supply rules and cross utilisation of credits under the IGST model are core mechanisms to ensure seamless input tax credit and inter State fund settlement. en-us Sat, 17 Jan 2015 17:05:45 +0530 Wed, 11 Feb 2026 15:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13862 Constitutional amendment establishes a destination based Goods and Services Tax subsuming central and state indirect levies into a dual structure of CGST and SGST for intra State supplies and an Integrated GST (IGST) for inter State supplies and imports. A Goods and Services Tax Council will set rate bands, exemptions, model laws and dispute modalities. An IT driven GST Network, place of supply rules and cross utilisation of credits under the IGST model are core mechanisms to ensure seamless input tax credit and inter State fund settlement. News - Sat, 17 Jan 2015 17:05:45 +0530 https://www.taxtmi.com/news?id=13862