Saturday, November 5, 2022
general knowledge refresher
general knowledge refresher article was published in it subsumed several indirect taxes like excise duty vat service tax luxury tax etc. on goods and services with few items left out such aso excise duty on alcohol property tax & stamp duty petroleum crude diesel petrol aviation turbine fuel natural gas electricity duty basic custom duty etc. under article 246a (1) it gave the parliament and legislature of every state power to make laws with respect to goods and services tax imposed by the union or by such state. o for interstate trade or commerce (article 246a (2)) the parliament has exclusive power. 29 gst council it is a constitutional body established under article 279a (1) introduced through the 101st constitutional amendment act. under article 279a (4) the gst rates to the union and states are recommended by the gst council general knowledge refresher magazine subscription.
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