Tuesday, 5 December 2017
GST (Goods and Services Tax)•101st Amendment in constitution.•Amendment in 7th schedule in Constitution.•Amended Article- 246A, 269A, 279A.•Slabs- 0%, 5%, 12%, 18%, 28%.•France was the first country to introduce GST system in 1954.•At present, GST is not applied on petroleum.Alcohol is also out of GST. vBRICS Summit 2017 held in Xiamen, China•First summit was held in 2009.
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