The Constitution (101st Amendment) Act, 2016 introduced the Goods and Services Tax (GST) regime in India, which is a comprehensive indirect tax on manufacture, sale or consumption of Goods and Services. It subsumed all indirect taxes levied on Goods and Services, except Entry tax, Toll tax and Octroi. In implementation of the 101st Constitutional Amendment, Central Goods and Services Tax Act, 2017 (CGST Act), Integrated Goods and Services Tax Act, 2017 (IGST Act) and the respective State Goods and Services Tax Act(s), 2017 (SGST(s)) were enacted.
Source Taxguru
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