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The effective date of the current GST tax is October 23, 1986. With few exceptions, the tax only applies to generation-skipping transfers made on or after that date. [8] Irrevocable trusts created before September 25, 1985, are said to be "grandfathered" (no pun intended) and exempt from the GST tax.
Pre-GST, the statutory tax rate for most goods was about 26.5%; post-GST, most goods are expected to be in the 18% tax range. The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India. 1 July is celebrated as GST Day. [4]
CBIC's function also extends to prevention of smuggling, illicit financial activities, and regulation and control of narcotics through its attached/subordinate offices. The Customs & Central Excise department was established in the year 1855 by the then British Governor General of India , to administer customs laws in India and collection of ...
The title of the world’s oldest person now belongs to Inah Canabarro Lucas, who is also 116 years old. She was born on June 8, 1908, in Rio Grande do Sul, Brazil. She was born two weeks after ...
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020.
In a series of videos, the man responsible for the deadly New Year’s attack in New Orleans discussed planning to kill his family and having dreams that helped inspire him to join ISIS, according ...
Reheat the leftovers in the oven at 350°F until warmed through, 10 to 15 minutes. Read the original article on SIMPLYRECIPES. Related articles. AOL. The best Dutch ovens of 2025. AOL.
Chapter II - Public Service Commissions. Articles 315 – 323. On the Public service commissions of India: Article Summary 315. Public Service Commissions for the ...