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GST Council – Meeting on 16/03/2017
Draft SGST and UTGST Bills approved
The GST Council at its meeting on March 16, 2017 approved the final draft of the State Goods and Service Tax Bill (SGST) and Union Territory Goods and Service Tax Bill (UTGST).
In earlier meetings the GST Council had approved the final draft of the Central Goods and Service Tax Bill (CGST) and Integrated Goods and Service Tax Bill (IGST) and GST Compensation Bill.
This completes the approval of all five legislation. The CGST, IGST, UTGST and GST Compensation Bills have to be approved by the Parliament. It is expected that the four bills would be approved in this session of Parliament concluding on April 12, 2017.