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tax · In Force

Goods and Services Tax Acts 2017

CGST, IGST, UGST, SGST Acts. Replaced 17 central/state taxes. 4-tier rates (5%, 12%, 18%, 28%). GST Council. ITC mechanism. E-way bill. E-invoicing (phased rollout).

Enforced
1 July 2017
Ministry
Ministry of Finance

Key provisions and changes

  • Replaced 17 taxes
  • 4-tier rate structure
  • GST Council (Article 279A)
  • Input Tax Credit mechanism
  • E-way bill mandatory
  • E-invoicing (Rs 5 crore+)