Relevant Bills passed by Lok Sabha and Rajya Sabha :
Following Bills have been passed by Lok Sabha on 29-3-2017, and by Rajya Sabha on 5-4-2017,
(1) The Central Good and Services Tax Bill, 2017
(2) The Integrated Goods and Services Tax Bill, 2017
(3) The Union Territory Goods and Services Tax Bill, 2017
(4) The Goods and Service Tax (Compensation to States) Bill, 2017
Each State will introduce its own ‘The State Goods and Service Tax Bill, 2017′ in due course. These are expected to be virtually copies of each other, except change of name of State and some issues relating to that particular State.’
Union Territory with legislature (Delhi and Puducherry) will enact their own State GST Laws.
Bill to amend Central Excise Act and Customs Act to facilitate change over to GST has been passed by Lok Sabha on 5-4-2017.
All these Acts and Rules are expected to be passed and made effective on 1-7-2017.