Dual GST required to align taxation with constitutional fiscal federalism and allocate taxing powers between Centre and States. A dual GST is required because the Constitution allocates taxing authority to both the Centre and the States, each having distinct responsibilities and ... Summary
Dual GST required to align taxation with constitutional fiscal federalism and allocate taxing powers between Centre and States.
A dual GST is required because the Constitution allocates taxing authority to both the Centre and the States, each having distinct responsibilities and needing independent revenue-raising capacity; dual GST preserves fiscal federalism by enabling both levels to mobilise resources consistent with their functions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.