Why was the Constitution of India amended recently in the context of GST?
Currently, the fiscal powers between the Centre and the States are clearly demarcated in the Cons…
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What will be the status in respect of taxation of above commodities after introduction of GST?
The existing taxation system (VAT & Central Excise) will continue in respect of the above comm…
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Why is Dual GST required?
India is a federal country where both the Centre and the States have been assigned the powers to …
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Which are the commodities proposed to be kept outside the purview of GST?
Alcohol for human consumption, Petroleum Products viz. petroleum crude, motor spirit (petrol), hi…
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What type of GST is proposed to be implemented?
It would be a dual GST with the Centre and States simultaneously levying it on a common tax base.…
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What principles were adopted for subsuming the above taxes under GST?
The various Central, State and Local levies were examined to identify their possibility of being …
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Which of the existing taxes are proposed to be subsumed under GST?
The GST would replace the following taxes: (i) taxes currently levied and collected by the Centr…
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What will be status of Tobacco and Tobacco products under the GST regime?
Tobacco and tobacco products would be subject to GST. In addition, the Centre would have the powe…
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What exactly is the concept of destination based tax on consumption?
The tax would accrue to the taxing authority which has jurisdiction over the place of consumption…
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Which authority will levy and administer GST?
Centre will levy and administer CGST & IGST while respective states will levy and administer …
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