https://www.taxtmi.com/article/detailed?id=7343 The introduction of four Bills establishing Central GST, Integrated GST, Union Territory GST and a Compensation Cess advances a destination based dual GST architecture; the Bills, vetted by the GST Council and Union Law Ministry, provide for a temporary compensation mechanism for states. The procedural path requires passage by Parliament, upper house review with possible amendments returned to the lower house, and subsequent adoption of State GST enactments to operationalise the federal GST regime. en-us Tue, 28 Mar 2017 06:39:34 +0530 Tue, 28 Mar 2017 06:39:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7343 The introduction of four Bills establishing Central GST, Integrated GST, Union Territory GST and a Compensation Cess advances a destination based dual GST architecture; the Bills, vetted by the GST Council and Union Law Ministry, provide for a temporary compensation mechanism for states. The procedural path requires passage by Parliament, upper house review with possible amendments returned to the lower house, and subsequent adoption of State GST enactments to operationalise the federal GST regime. Articles Goods and Services Tax - GST Tue, 28 Mar 2017 06:39:34 +0530 https://www.taxtmi.com/article/detailed?id=7343