https://www.taxtmi.com/news?id=17340 The Economic Survey finds domestic trade substantial-inter state trade comprises a large share of GDP and trade costs in India have comparable effects to other large economies-highlighting concentrated intra firm inter state trade and regional trade intensity; it warns that indirect tax distortions may have favoured inter state trade and that a unified goods and services tax would remove those anomalies while constitutional protections for state sovereignty constrain full legal harmonisation. en-us Tue, 31 Jan 2017 13:04:00 +0530 Tue, 31 Jan 2017 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17340 The Economic Survey finds domestic trade substantial-inter state trade comprises a large share of GDP and trade costs in India have comparable effects to other large economies-highlighting concentrated intra firm inter state trade and regional trade intensity; it warns that indirect tax distortions may have favoured inter state trade and that a unified goods and services tax would remove those anomalies while constitutional protections for state sovereignty constrain full legal harmonisation. News - Tue, 31 Jan 2017 13:04:00 +0530 https://www.taxtmi.com/news?id=17340