The Model GST was released in June 2016 to the public for their review and also make the industry plan for the rollout of GST. Basis the MGL published in June, the trade and industry and professionals have taken a very critical view of the same and submitted the feedback to the Government. Basis of the feedback, the suggestions have been incorporated in the Model GST Law and released to the public in November 2016 as Revised MGL.
This article gives a glimpse of the changes announced in the June MGL and Revised MGL published in November 2016.