Differences between June 2016 MGL and revised MGL Law, November 2016

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.

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GST Tip – 64

In the revised MGL a new concept called Mixed Supply is introduced. Mixed supply means a supply of more than one good bundled together and supplied. For example combo pack of Soap, detergent, hand wash, toilet cleaner, floor cleaner and room freshener. This combo pack is a mixed supply.

GST Tip – 57

In the revised Model GST Law, for the Inspection of goods in movement, the limit of Rs 50,000 has been dropped from the act and the same will now be announced in the notifications from time to time for the prescribed documents to be carried out during the movement of goods.