Arrangement for assignment of additional tax on supply of goods to States for two years or such other period recommended by the Council.

Arrangement for assignment of additional tax on supply of goods to States for two years or such other period recommended by the Council. https://www.taxtmi.com/acts?id=20158 An additional tax on inter-State supply of goods may be levied and collected by the Government of India for a transitional period recommended by the GST Council; net proceeds, excluding those attributable to Union territories, are assigned to the States of origin and do not form part of the Consolidated Fund of India. The Central Government may exempt goods from this levy, and Parliament may legislate principles for determining the place of origin. 'State' is defined by reference to the Constitution. en-us Sat, 05 Dec 2015 14:55:58 +0530 Sat, 12 Dec 2015 09:45:34 +0530 TaxTMI RSS Generator Arrangement for assignment of additional tax on supply of goods to States for two years or such other period recommended by the Council. https://www.taxtmi.com/acts?id=20158 An additional tax on inter-State supply of goods may be levied and collected by the Government of India for a transitional period recommended by the GST Council; net proceeds, excluding those attributable to Union territories, are assigned to the States of origin and do not form part of the Consolidated Fund of India. The Central Government may exempt goods from this levy, and Parliament may legislate principles for determining the place of origin. 'State' is defined by reference to the Constitution. Act-Rules Bills Sat, 05 Dec 2015 14:55:58 +0530 https://www.taxtmi.com/acts?id=20158