https://www.taxtmi.com/news?id=18159 A destination based dual Goods and Services Tax replaces multiple Central and State indirect levies by taxing supply of goods and services through CGST and SGST/UTGST, with IGST on inter State and import supplies to protect input credit flows; governance is vested in a GST Council to set rates, exemptions and rules, supported by the GSTN IT platform and transitional, compliance and settlement mechanisms to allocate revenues and administer the regime. en-us Sat, 10 Jun 2017 10:18:22 +0530 Sat, 10 Jun 2017 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18159 A destination based dual Goods and Services Tax replaces multiple Central and State indirect levies by taxing supply of goods and services through CGST and SGST/UTGST, with IGST on inter State and import supplies to protect input credit flows; governance is vested in a GST Council to set rates, exemptions and rules, supported by the GSTN IT platform and transitional, compliance and settlement mechanisms to allocate revenues and administer the regime. News - Sat, 10 Jun 2017 10:18:22 +0530 https://www.taxtmi.com/news?id=18159