What principles were adopted for subsuming the above taxes under GST? https://www.taxtmi.com/acts?id=24247 Only taxes that are primarily indirect and related to the supply of goods or services, forming part of the transaction chain from import/manufacture/provision to consumption, were subsumed. The exercise prioritized enabling the free flow of tax credit across intra State and inter State transactions and excluded levies not specifically related to supply, while seeking revenue fairness between the Union and the States. en-us Mon, 03 Apr 2017 14:02:26 +0530 Mon, 03 Apr 2017 14:02:26 +0530 TaxTMI RSS Generator What principles were adopted for subsuming the above taxes under GST? https://www.taxtmi.com/acts?id=24247 Only taxes that are primarily indirect and related to the supply of goods or services, forming part of the transaction chain from import/manufacture/provision to consumption, were subsumed. The exercise prioritized enabling the free flow of tax credit across intra State and inter State transactions and excluded levies not specifically related to supply, while seeking revenue fairness between the Union and the States. Act-Rules Bills Mon, 03 Apr 2017 14:02:26 +0530 https://www.taxtmi.com/acts?id=24247