New Delhi: All purchases made online will attract a uniform Goods and Services Tax, likely to take effect from April next year, according to the model GST law approved by state finance ministers yesterday. The model GST law, which has 162 clauses and 4 schedules, has also suggested jail terms of up to 5 years and fine for violation of the provisions of the statute.

The GST, in lieu of local levies, will be imposed at the first point of financial transaction. Rep pic/thinkstock