https://www.taxtmi.com/article/detailed?id=6606 Dual GST envisions concurrent destination-based levies by the Centre (CGST) and States/UTs (SGST) operating over a common tax base, allocating inter-state revenue to preserve State receipts while enabling input-credit mechanisms to eliminate tax cascading. The structure retains constitutional fiscal division by granting both levels taxing authority and aims to simplify taxes, reduce compliance costs, broaden the tax base, and improve collections through unified rules and limited rates. en-us Mon, 28 Dec 2015 09:44:59 +0530 Mon, 28 Dec 2015 09:44:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6606 Dual GST envisions concurrent destination-based levies by the Centre (CGST) and States/UTs (SGST) operating over a common tax base, allocating inter-state revenue to preserve State receipts while enabling input-credit mechanisms to eliminate tax cascading. The structure retains constitutional fiscal division by granting both levels taxing authority and aims to simplify taxes, reduce compliance costs, broaden the tax base, and improve collections through unified rules and limited rates. Articles Goods and Services Tax - GST Mon, 28 Dec 2015 09:44:59 +0530 https://www.taxtmi.com/article/detailed?id=6606