amendments: proposed by both the Council of States or your home of your individuals; passage needs the vast majority participation of the whole membership in Every household and at least two-thirds bulk of voting associates of each and every residence, accompanied by assent in the president of India

Will the new GST allow for tax cascading Advantages? Many people are informed that company tax and VAT have cascading benefits, which implies you are able to avail more info credit of tax paid by you on inputs. Reverse Charge Mechanism (RCM) is a system in GST the place the receiver pays the tax on