|Clause||2014 Bill||Amendments in 2016 Bill|
|Additional 1% tax on inter-State trade||
It will be levied by Centre in course of inter-State trade.
It will be directly assigned to States from wheresupply originates.
|This provision has been deleted|
|Compensation to States||
Parliament may provide for compensation to states for any loss of revenues for a period which may extend to 5 years.
It will be based on the recommendations of the GST Council.
This implies that Parliament may decide (i) whether it wants to provide compensation;(ii) time period for which it can provide such compensation, up to 5 years.
GST Council may decide modalities to resolve disputes arising out of its recommendations.
GST Council to establish mechanism to adjudicate any dispute arising out of its recommendations.
Disputes can be between: (i) centre and states vs. one or more states; (b) centre vs. one or more states; (c) state vs. state. It makes mandatory for a standing mechanism to resolve disputes.
|Replacement of the term IGST||
The GST Council will make recommendations on the apportionment of the Integrated Goods and Services Tax (IGST). - However, IGST was not defined in the bill.
It replace the term IGST with ‘goods and services tax levied on supplies in the course of inter-State trade or commerce.
The states share of the IGST shall not form a part of the Consolidated fund of India.
|Inclusion of CGST and IGST in tax devolution to states||
States share of IGST will be distributed between the Centre and States.
CGST and Centres share of IGST will be distributed between Centre and States.
|Australia||20 March||Nico Rosberg (Germany)|
|Baharain||3 April||Nico Rosberg (Germany)|
|China||17 April||Nico Rosberg (Germany)|
|Russia||1 May||Nico Rosberg (Germany)|
|Spain||15 May||Max Verstappen (Netherlands)|
|Monaco||29 May||Lewis Hamilton (Britain)|
|Canada||12 June||Lewis Hamilton (Britain)|
|Europe||19 June||Nico Rosberg (Germany)|
|Austria||3 July||Lewis Hamilton (Britain)|
|Britain||10 July||Lewis Hamilton (Britain)|
|Hungary||24 July||Lewis Hamilton (Britain)|
|Germany||31 July||Lewis Hamilton (Britain)|
|Belgium||28 August||Nico Rosberg (Germany)|
|Abu Dhabi||27 November|