The First Model GST Law came on public domain on 14 June, 2016.

Salient Features of OLD GST Law:

  • The Draft Model GST Law consists of 162 Clauses
  • 25 Chapters along with 4 schedules
  • Valuation Rules 2016 under GST
  • Draft IGST Act, 2016 consists of 33 clauses divided into 11 Chapters


It got revised on 26 November, 2016.

Salient Features of REVISED GST Law:

  • The Revised Model GST Law consists of 197 Clauses
  • 27 Chapters along with 5 schedules
  • Valuations rules were removed
  • Revised IGST Act consists of 24 clauses divided into 11 chapters


The final GST Law was placed before Lok  Sabha on 27 March, 2017 and got passed on 29 March, 2017 which was later passed by  Rajya Sabha on  6 April,2017 and  Hon. President has given assent on  12 April, 2017.

After which the CGST Bill, IGST Bill, UTGST Bill and COMPENSATION TO STATES Bill became CGST Act,  IGST Act, UTGST Act, COMPENSATION Act respectively.

For the State GST Bills a deadline is given to the States to get the Act ready and enact it by May 31, in their respective assemblies. 

After the Parliament passed four crucial GST bills (CGST, IGST, UTGST and Compensation) last month, 12 states,have passed the State Goods and Services Tax (SGST) Act in their respective assemblies—
1. Telangana,
2. Bihar,
3. Rajasthan,
4. Jharkhand,
5. Chhattisgarh,
6. Uttarakhand,
7. Madhya Pradesh,
8. Haryana,
9. Uttar Pradesh,
10. Gujarat,
11. Assam,
12. Arunachal Pradesh

Government is positive about all states passing SGST Bill by month end or at maximum by early June. “The remaining states/UTs are likely to pass the SGST Bill in their respective assemblies before the end of this month, except one or two states which may pass the same in early next month,” a finance ministry said in a statement.

While government has strictly maintained that all is in readiness for July 1 roll out, industry has thrown caution by highlighting the under-preparedness due to implementation challenges. With GST rules awaiting finality and rates to clarified around 18-19 May post GST Council meeting, it seems that industry’s demand is not that bad.

Finance Minister Arun Jaitley is keen on launching GST from July 1 and the Finance Ministry is making every effort to ensure this. The Ministry argues that a July 1 rollout of GST, which has been delayed by seven years, would mean it starts from the beginning of a new quarter.


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