The Lok Sabha passed the Provisional Collection of Taxes Bill, 2023 during the winter session of Parliament on Tuesday, December 19. The bill was introduced in Lok Sabha by Finance Minister Nirmala Sitharaman. The bill would provide provisions in laws pertaining to the imposition or rise of customs or excise charges, with or without a change in tariff classification, instant effect for a set amount of time. Lok Sabha Passes Bill to Amend CGST Act.

Provisional Collection of Taxes Bill 2023 Passed 

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