Finance, Planning, Excise and Minister Harpal Cheema said Punjabs case for amendment to Section 10 of the Integrated Goods and Services Tax (IGST) Act was vociferously argued while identifying the structural imperfection in the GST system during the 50th meeting of the GST Council.
Disclosing this in a press communique issued here, Finance Minister Cheema said the approval to the proposal for the clear definition of place of supply in Business-to-Consumer transaction (B2C) over the counter supplies in accordance with the principle of destination-based consumption tax was successfully reasoned. He said this amendment had been expected to have a strong beneficial impact on the GST revenue of the state.