IGST bill passed in parliament:

IGST bill is passed in parliament of India on 29th March 2017. You are now  liable to pay IGST on all inter state and international supplies. IGST  stands for the integrated Goods and services tax. For all intra state supplies CGST and SGST will be there. Once your supplies cross the state you become liable to pay IGST. This bill have 

It contains nine chapters and nineteen sections.

Summary of IGST Bill: 

Chapter in IGST bill	Sections covered	Provisions
Chapter I	Section 1&2	Preliminary
Chapter II	Section 3 & 4	Administration
Chapter III	Section 5 & 6	Levy and collection of tax
Chapter IV	Section 7 to 9	Determination Of Nature Of Supply
Chapter V	Section 10 to 14	Place Of Supply Of Goods Or Services Or Both
Chapter VI	Section 15	Refund Of Integrated Tax To International Tourist
Chapter VII	Section 16	Zero rated supply
Chapter VIII	Section 17 to 19	Apportionment Of Tax And Settlement Of Funds
Chapter IX	Section 20 to 25	Miscellaneous

 

New section covering the refund of IGST to international tourist in introduced.