GST Bills Pass in India’s Lower House

March 30, 2017

The four bills that would implement the long-awaited Goods and Services Tax (GST) in India have taken their first step towards enactment, passing India’s lower house of parliament (the Lok Sabha) on March 29, 2017. The State of Jammu and Kashmir is notably excluded from the scope of one of the bills, the Integrated Goods and Services Tax (IGST) Bill, and will need to take special legislative steps to adopt IGST. The other bills passed on Wednesday were the Central Goods and Services Tax Bill, the Union Goods and Services Tax Bill, and the Goods and Services Tax (Compensation to States) Bill. Although the roll-out of GST was originally scheduled to take place on April 1, 2017, subsequent political entanglements required that it be delayed to July 1, 2017, a date on which the Indian Finance Minister is holding firm.

The post GST Bills Pass in India’s Lower House appeared first on Sovos.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.



Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern transactional taxes. As VAT and sales and use tax go digital, businesses face increased risks, costs and complexity. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting. Sovos supports more than 7,000 customers, including half of the Fortune 500, and integrates with a wide variety of business applications. The company has offices throughout North America, Latin America and Europe. Sovos is owned by London-based Hg. For more information visit and follow us on LinkedIn and Twitter.
Share This Post