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Government notifies September 12 2016 as the appointed date for GST Council Provisions

Goods and Services Tax - GST - By: - Bimal jain - Dated:- 13-9-2016 Last Replied Date:- 14-9-2016 - Dear Professional Colleague, The Central Government vide Notification S.O. 2915(E).- [F. No. 31011/09/2015-SO (ST)] dated September 10, 2016, has appointed 12th day of September, 2016 as the date on which the provisions of Section 12 of the Constitution (101st Amendment) Act, 2016 ( the Constitutional Amendment Act ) shall come into force. In terms of Section 12 of the Constitutional Amendment Act .....

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r Section 12 of the Constitutional Amendment Act, GST Council shall be constituted within 60 days from September 12, 2016. GST Council - Composition, recommendations and weighed votes The GST Council shall comprise of the Union Finance Minister as Chairperson, MOS-Revenue/ Finance and State Finance Ministers as Members of the GST Council, which will make important recommendations to the Union and the States on the following: The taxes, cesses and surcharges levied by the Union, the States and th .....

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to raise additional resources during any natural calamity or disaster; Special provision with respect to the States of Arunachal Pradesh, Assam, Jammu and Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and Uttarakhand; and Any other matter relating to GST, as the GST Council may decide The GST Council shall also recommend the date on which the GST be levied on petroleum crude, high speed diesel, motor spirit (commonly known as petrol), natural gas and aviation .....

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