What principles were adopted for subsuming the above taxes under GST? https://www.taxtmi.com/acts?id=22162 Subsumption prioritized taxes that are indirect taxes on the supply of goods or services and those forming part of the transaction chain from import/manufacture/provision to consumption; levies not specifically related to supply were excluded. The design required enabling the free flow of tax credit across intra and inter State transactions and aimed to maintain revenue fairness between the Union and the States. en-us Thu, 22 Sep 2016 14:52:38 +0530 Thu, 22 Sep 2016 14:52:38 +0530 TaxTMI RSS Generator What principles were adopted for subsuming the above taxes under GST? https://www.taxtmi.com/acts?id=22162 Subsumption prioritized taxes that are indirect taxes on the supply of goods or services and those forming part of the transaction chain from import/manufacture/provision to consumption; levies not specifically related to supply were excluded. The design required enabling the free flow of tax credit across intra and inter State transactions and aimed to maintain revenue fairness between the Union and the States. Act-Rules Bill Thu, 22 Sep 2016 14:52:38 +0530 https://www.taxtmi.com/acts?id=22162