https://www.taxtmi.com/news?id=18020 The Goods and Services Tax bill was presented to align state taxation with the national "One Nation, One Tax" framework by subsuming multiple indirect levies into harmonised Central and State GST components, adopting destination-based taxation that may increase state revenues, and addressing a transitionary compensation mechanism while proceeding through cabinet approval, stakeholder consultations and legislative briefings. en-us Tue, 16 May 2017 10:14:43 +0530 Tue, 16 May 2017 10:14:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18020 The Goods and Services Tax bill was presented to align state taxation with the national "One Nation, One Tax" framework by subsuming multiple indirect levies into harmonised Central and State GST components, adopting destination-based taxation that may increase state revenues, and addressing a transitionary compensation mechanism while proceeding through cabinet approval, stakeholder consultations and legislative briefings. News - Tue, 16 May 2017 10:14:43 +0530 https://www.taxtmi.com/news?id=18020