https://www.taxtmi.com/article/detailed?id=5972 Three GST models are presented: Central GST (a centrally administered national GST with revenue sharing), State GST (states exclusively levy GST with the Centre withdrawing) and Dual GST. Dual GST has two variants: Concurrent GST, where Centre and States tax concurrently with central and state levies subsumed respectively; and Non-Concurrent Dual GST, where the Centre coordinates inter-state service taxation and states allow input credit to avoid cascading. The author regards the concurrent dual model as most feasible but not finalised. en-us Fri, 26 Dec 2014 08:20:29 +0530 Wed, 04 Feb 2015 18:57:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5972 Three GST models are presented: Central GST (a centrally administered national GST with revenue sharing), State GST (states exclusively levy GST with the Centre withdrawing) and Dual GST. Dual GST has two variants: Concurrent GST, where Centre and States tax concurrently with central and state levies subsumed respectively; and Non-Concurrent Dual GST, where the Centre coordinates inter-state service taxation and states allow input credit to avoid cascading. The author regards the concurrent dual model as most feasible but not finalised. Articles Goods and Services Tax - GST Fri, 26 Dec 2014 08:20:29 +0530 https://www.taxtmi.com/article/detailed?id=5972