IGST and UTGST Bills receive President's assent

The Integrated Goods & Services Tax Bill and the Union Territory Goods & Services Tax Bill receive Presidential assent on April 12th; The IGST Act 2017 provides for levy and collection of tax on inter-State supply of goods or services or both by the Central Govt. and for matters connected therewith or incidental thereto; The UTGST Act 2017 provides for levy and collection of tax on intra-State supply of goods or services or both by the Union territories, viz.  An...