For the long time GST bill has been a Google trend topic in India. This topic is power to revolutionize the entire tax system. On 29 March, 2017 India came a little closer to this sales tax regime after the Lok Sabha agreed to pass four important GST Bill 2017. This 1st July 2k17 GST apply in India. The four GST Bills that were passed are
1) Central Goods and Services Tax Bill or CGST Bill
2) Compensation GST Bill
3) Integrated GST Bill
4) Union Territory GST Bill.
Many number of brand and retailers are offering special discounts to consumers to ensure that their sellers’ stock is cleared before the Goods and Services Tax (GST) comes into play from 1st July 2017.
Paytm also holding a “Pre-GST Sale”, over 6000 retailers across 1000 brands. Air-conditioners, Tv and many other electronics products have discounts ranging between 10-40% and also many companies offering 50% on their products.