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The term GST revealed in 2000 but come into reality on July 1, 2017. Once introduced this date, there have been many changes in the proposed GST bill, which should know to all businesses. Because GST (Goods and Service Tax) is a constitutional amendment and any amend in the law will affect the rules therein as well. Rules for a penalty, rules expounding the point of taxation, rules of invoicing – are some examples of GST News that must be known by the entrepreneurs.