TMI BlogGST - List of changes Constitution (One Hundred and Twenty-second Amendment) Bill, 2014 as proposed by Mr. Arun Jaitley, Finance MininsterX X X X Extracts X X X X X X X X Extracts X X X X ..... GST - List of changes Constitution (One Hundred and Twenty-second Amendment) Bill, 2014 as proposed by Mr. Arun Jaitley, Finance Mininster - Goods and Services Tax - GST Dated:- 3-8-2016 - News - Goods and Services Tax (GST) - Constitution Amendment Bill GST - THE CONSTITUTION (ONE HUNDRED AND TWENTY SECOND AMENDMENT) Bill, 2014 ENACTING FORMULA 1. That at page 1, line 1, for the w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ord Sixty-Sixth , the word Sixty-Seventh be substituted. CLAUSE 1 2. That at page 1, lines 2 and 3, for the words, for the words, bracket and figure the Constitution (One Hundredth Amendment) Act, 2015 , the words, bracket and figure the Constitution (One Hundred and First Amendment) Act, 2016 be substituted. CLAUSE 9 3. That at page 2, after line 28, the following be inserted n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... amely, (2) The amount apportioned to a State under clause (1) shall not form part of the Consolidated Fund of India. (3) Where an amount collected as tax levied under clause (1) has been used for payment of the tax levied by a State under Article 246A, such amount shall not form part of the Consolidated Fund of India. (4) Where an amount collected as tax levied by a State under Art ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... icle 246A has been used for payment of the tax levied, such amount shall not form part of the Consolidated Fund of the State. CLAUSE 10 4. That at page 2, for lines 35 to 39, the following be substituted, namely: (ii) after clause (1), the following clauses shall be substituted, namely:- (1A) Tax collected by the Union under clause (1) shall also be distributed between the Un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion and the States in the manner provided in clause (2). (1B) The tax levied and collected by the Union under clause (2) of Article246A and article 269(A), which has been used for payment of the tax levied by the Union under clause (1) of Article 246 (A) and the amount apportioned to the Union under clause (1) of Article 269A, shall also be distributed between the Union and the States in the m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anner provided in clause (2).:' CLAUSE 12 5. That at page 3, lines 3, for the words, bracket and figure the Constitution ( One Hundredth Amendment) Act, 2015 , the words, bracket and figure the Constitution (One Hundred and First Amendment) Act, 2016 be substituted. 6. That at page 3, line 22, for the words Integrated Goods and Service Tax , the words, figure and alphabet Goods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and Service Tax levied on supplies in the course of inter-State trade or commerce under Article 269A , be substituted. 7. That at page 4, for lines 15 and 16, the following be substituted namely: (11) The Goods and Service Tax Council shall establish a mechanism to adjudicate any dispute (a) between the Government of India and one or more States; or (b) between the Government ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of India and any State or States on one side and one or more other States on the other side; or (c) between two or more States, arising out of the recommendations of the Council or implementation thereof . CLAUSE 14 8. That at page 4, lines 34, after the words and the word, article , be inserted. CLAUSE 18 9. That at page 5, lines 26 to 40, be deleted. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Omission of clause 18. CLAUSE 19 10. That at page 6, for line 1 for the word may , the word shall be substituted. 11.That at page 6, line 3, for the words such period which may extend to , the words a period of be substituted. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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