Taxes on services: levy by Union with collection and appropriation shared between Union and States under parliamentary law. Article 268-A provides that taxes on services shall be levied by the Government of India and that the proceeds shall be collected and appropriated by the ... Summary
Taxes on services: levy by Union with collection and appropriation shared between Union and States under parliamentary law.
Article 268-A provides that taxes on services shall be levied by the Government of India and that the proceeds shall be collected and appropriated by the Government of India and the States in accordance with principles of collection and appropriation to be formulated by Parliament by law.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.