GST – An Update on the Key Developments During This Week

This week witnessed significant progress towards GST, with the GST Bills receiving Presidential assent and becoming enactments  viz. the Central Goods and Services Tax Act, 2017 (“CGST Act”), the Integrated Goods and Services Tax Act, 2017 (ÏGST Act”), the Union Territory Goods and Services Tax Act, 2017 (ÜTGST Act”) and the Goods and Services Tax (Compensation to States) Act, 2017 (“the Comp…