What is SGST Law under GST

Meaning of SGST Law

 

The details about SGST Law are explained here. 

SGST Law

State GST Act 2017, SGST Bill 2017, List of States Passed GST Bill 2017:

Bihar becomes the second state after Telangana to pass the SGST Bill. Other states were also passed their respective SGST Laws to give effect to GST Law.

After receipt of presidential assent on the four GST Acts viz CGST, UTGST, IGST Act and GST (Compensation to States) Act. It’s matter of delight that the Goods and Services Tax (GST) will replace multiple taxes system in a single taxation system w.e.f from 1st July, 2017. Implementation of GST would be a win-win situation for all the three stakeholdersviz Government, Businessman and consumers. It will also boost economic growth in the country because of development of common market. In a short span of time more than twelve States have already passed their respective State Goods and Services Tax (SGST) Law which reflects the firm commitment of earliest implementation by the Government.

List of States Passed State GST Act 2017:

Telangana become the first State to pass the GST Bill while other States passing the Bill includes Bihar, Rajasthan, Jharkhand, Chhattisgarh, Uttarakhand, Madhya Pradesh, Haryana, Goa, Gujarat, Maharashtra and Arunachal Pradesh. The remaining States/UTs (with Legislative Assembly) also passed the State GST Bill.

•              1st – Telangana on April 9, 2017

•              2nd – Bihar on April 24, 2017

•              3rd – Rajasthan on April 26, 2017

•              4th – Jharkhand on April 27, 2017

•              5th – Chhattisgarh on April 28, 2017

•              6th – Uttarakhand on May 2, 2017

•              7th – Madhya Pradesh on May 3, 2017

•              8th – Haryana on May 4, 2017

•              9th –  Gujarat May 9, 2017

•              10th – Goa on May 9, 2017

•              11th – Odisha May 11, 2017

•              12th – Assam May 11, 2017

•              13th – Arunachal Pradesh May 12, 2017

•              14th – Uttar Pradesh on 16th May 2017

•              15th – Andhra Pradesh on 16th May 2017

•              16th – Puducherry on 17th May 2017

•              17th – Maharashtra 22 May 2017

•              18th – Tripura 24 May 2017

•              19th – Sikkim on 25th May 2017

•              20th – Mizoram on 26th May 2017

•              21st – Nagaland on 27th May 2017

•              22nd – Himachal Pradesh on 27th May 2017

•              23rd – Delhi on 31st May 2017

•              24th – Manipur on 5th June 2017

•              25th – Meghalaya on 12th June 2017

•              26th – Karnataka on 16th June 2017

•              27th – Punjab on 19th June 2017

•              28th – Tamil Nadu on 19th June 2017

•              29th – West Bengal take ordinance route for GST on 15th June 2017

•              30th – Kerala take ordinance route for GST on 21st June 2017

•              31st – Jammu and Kashmir on July 5th, 2017.

This post describes about SGST Law.   Comment below your thoughts about this post SGST Law.

 

 


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers