Yesterday was Doctor's Day in India: But yesterday was also GST Day
We all know 1st July is observed as the Doctor's Day in India. This is being done to pay respect to the famous physician Dr. Bidhan Chandra Roy. 1st July is the date of birth (and also the date of death) of the famous physician who was also the second Chief Minister of West Bengal who became very famous for his developmental work.But, do we know that 1st July is also observed as GST Day (Goods & Services Tax Day) in India?
On 1 July 2017, GST became applicable across India. First GST Day was celebrated on 1 July 2018. It is also relevant to note that Assam was the first Indian state to ratify the GST Bill.
Although the concept of GST was first brought by France, but it is pertinent to state that Indian GST system follows Canadian Dual Model. GST-related Bill is 115th Constitution Amendment Bill. The relevant Section on GST Council is Section 279A of the Constitution. GST Council is headed by the Finance Minister of India.