https://www.taxtmi.com/news?id=14481 The amendment creates a constitutional framework for a goods and services tax by granting concurrent power to Union and State Legislatures to tax supplies, reserving exclusive parliamentary power for inter State supplies, defining GST and related terms, subsuming specified indirect taxes, and establishing a mechanism for central collection and apportionment of GST on inter State supplies, including Parliament's power to set place of supply principles and a temporary additional tax assignment to States. en-us Tue, 12 May 2015 11:39:39 +0530 Tue, 12 May 2015 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14481 The amendment creates a constitutional framework for a goods and services tax by granting concurrent power to Union and State Legislatures to tax supplies, reserving exclusive parliamentary power for inter State supplies, defining GST and related terms, subsuming specified indirect taxes, and establishing a mechanism for central collection and apportionment of GST on inter State supplies, including Parliament's power to set place of supply principles and a temporary additional tax assignment to States. News - Tue, 12 May 2015 11:39:39 +0530 https://www.taxtmi.com/news?id=14481