https://www.taxtmi.com/article/detailed?id=6619 State GST places exclusive levy power over GST with States on taxable supplies for consideration, with receipts accruing to each State and harmonised core features (chargeability, taxable event, valuation, classification) as far as practicable. The design aims to enhance State revenue capacity and reduce cascading by eliminating dual taxation, but raises major constitutional, revenue distribution, inter state services coordination, compliance and uniformity challenges. en-us Fri, 08 Jan 2016 08:00:05 +0530 Fri, 08 Jan 2016 08:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6619 State GST places exclusive levy power over GST with States on taxable supplies for consideration, with receipts accruing to each State and harmonised core features (chargeability, taxable event, valuation, classification) as far as practicable. The design aims to enhance State revenue capacity and reduce cascading by eliminating dual taxation, but raises major constitutional, revenue distribution, inter state services coordination, compliance and uniformity challenges. Articles Goods and Services Tax - GST Fri, 08 Jan 2016 08:00:05 +0530 https://www.taxtmi.com/article/detailed?id=6619