|
gptkbp:instanceOf
|
gptkb:Indian_legislation
|
|
gptkbp:administeredBy
|
gptkb:Central_Board_of_Indirect_Taxes_and_Customs
|
|
gptkbp:amendedBy
|
101st Constitutional Amendment Act, 2016
frequently amended
|
|
gptkbp:appealMechanism
|
available
|
|
gptkbp:appliesTo
|
goods
services
|
|
gptkbp:auditProvision
|
included
|
|
gptkbp:basisFor
|
destination-based consumption tax
|
|
gptkbp:chapter
|
21
|
|
gptkbp:composition
|
available for small taxpayers
|
|
gptkbp:country
|
gptkb:India
|
|
gptkbp:dateEnacted
|
12 April 2017
|
|
gptkbp:district
|
gptkb:GST_Council
|
|
gptkbp:dividesGST
|
Central GST (CGST)
Integrated GST (IGST)
State GST (SGST)
Union Territory GST (UTGST)
|
|
gptkbp:enactedBy
|
gptkb:Parliament_of_India
|
|
gptkbp:eWayBill
|
mandated for movement of goods
|
|
gptkbp:excludes
|
certain goods and services
|
|
gptkbp:GSTCouncilChairperson
|
Union Finance Minister
|
|
gptkbp:GSTCouncilMembers
|
State Finance Ministers
|
|
gptkbp:inputTaxCredit
|
available
|
|
gptkbp:language
|
gptkb:Hindi
English
|
|
gptkbp:objective
|
One Nation, One Tax
|
|
gptkbp:penalty
|
prescribed for non-compliance
|
|
gptkbp:purpose
|
to introduce a unified indirect tax system in India
|
|
gptkbp:rateStructure
|
0%, 5%, 12%, 18%, 28%
|
|
gptkbp:registration
|
mandatory above threshold
|
|
gptkbp:relatedLegislation
|
gptkb:Union_Territory_Goods_and_Services_Tax_Act,_2017
Integrated Goods and Services Tax Act, 2017
Goods and Services Tax (Compensation to States) Act, 2017
|
|
gptkbp:replacedBy
|
gptkb:Entry_Tax
gptkb:Octroi
gptkb:Service_Tax
gptkb:Value_Added_Tax_(VAT)
gptkb:Central_Excise_Act,_1944
|
|
gptkbp:result
|
monthly, quarterly, annual
|
|
gptkbp:reverseChargeMechanism
|
applicable
|
|
gptkbp:section
|
174
|
|
gptkbp:shortName
|
gptkb:GST_Act
|
|
gptkbp:startDate
|
1 July 2017
|
|
gptkbp:taxesMerged
|
gptkb:Central_Excise_Duty
gptkb:Central_Sales_Tax
gptkb:Entry_Tax
gptkb:Luxury_Tax
gptkb:Purchase_Tax
gptkb:Service_Tax
gptkb:State_VAT
Entertainment Tax
Additional Customs Duty
Additional Excise Duties
Cesses and surcharges
Special Additional Duty of Customs
Taxes on advertisements
Taxes on lotteries, betting and gambling
|
|
gptkbp:threshold
|
Rs. 10 lakhs (special category states)
Rs. 20 lakhs (general)
|
|
gptkbp:type
|
gptkb:tax_law
|
|
gptkbp:website
|
https://www.gst.gov.in/
|
|
gptkbp:bfsParent
|
gptkb:Integrated_GST_(IGST)_on_inter-state_trade
gptkb:Central_Excise_Act,_1944
|
|
gptkbp:bfsLayer
|
7
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Goods and Services Tax Act, 2017
|