'GST Model-2' Launched in Haryana | 09 Aug 2021

Why in News

  • Recently, Haryana Deputy Chief Minister Dushyant Chautala has inaugurated the new system of GST 'Model-2' for implementation of GST in Chandigarh.

Key Points

  • With this initiative, along with increasing the tax accumulation in the state, it will also be easier for the traders to file GST returns.
  • By changing the state's 'GST Model-1' to the new system of 'Model-2', the functioning of the department will now be more modern, faster and more efficient than before while providing better data quality.
  • The Haryana Goods and Services Tax Bill, 2017 was passed by the Haryana Legislative Assembly on May 4, 2017, which came into force on July 1, 2017.