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What is GST (Goods and Services Tax) Bill ?

The Good and Services Tax┬ábeing passed by the Rajya Sabha on Wednesday 3rd Aug, 2016 is regarded as one of the most crucial indirect tax ┬áreforms since independence of India. GST was first introduced in 2006 by Palaniappan Chidambaram , the then Union Finance Minister. It certainly took a long time coming to the Rajya…