GST JOURNEY

YEAR 2000

In the year 2000, the then Prime Minister introduced the concept of GST and set up a committee to design a GST model for the country

YEAR 2006

Announcement by Union Finance Minister, during budget of 2006-07 that GST would introduced from 1 April 2010

YEAR 2009

First Discussion Paper was released by the Empowered Committee

YEAR 2011

Constitution (115th Amendment) Bill introduced and subsequently lapsed

YEAR 2014

The Constitution (122nd Amendment) Bill was introduced in the Lok Sabha

Aug 2016

The Constitution (One Hundred and First Amendment) Act was enacted

Sep 2016

1 st GST Council Meeting

March 2017

GST Council Recommends the CGST, SGST, IGST, UTGST and Compensation Cess Act

April 2017

CGST, IGST, UTGST and Compensation Cess Acts passed

May 2017

GST Council recommends all the rules

30th June 2017

All States except J&K passed their SGST ACT

1 st July 2017

GST Launched

8 th July 2017

SGST Act passed by J&K; CGST and IGST Ordinances promulgated to extend GST to J&K

01st February, 2019

Amendments to CGST, IGST, UTGST and Compensation to State Acts enacted