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CONCEPT OF DUAL GST

Goods and Services Tax - GST - By: - Dr. Sanjiv Agarwal - Dated:- 28-12-2015 Last Replied Date:- 4-1-2016 - In a federal country like India where the power to tax domestic trade is divided between the Central Government and the State Government, the designing of a destination based GST becomes extremely complicated. A conventional national GST cannot be implemented without the States losing their fiscal autonomy. Dual GST signifies that GST would be levied by both, the Central Government and the .....

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ld be vested with the Central Government, while the revenue would in some appropriate manner, get distributed to the States. Considering the dual taxation power to tax transactions under GST, the structure is referred to as Dual GST. Considering the basic framework of the constitution and keeping its structure intact, Dual GST appears to be implementable solution for India scenario. In view of the above, the following has been recommended :- The GST will be a dual levy imposed concurrently by th .....

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mber of taxes at the Central and State level decrease in effective tax rate for many goods removal of the current cascading effect of taxes reduction of transaction costs of the taxpayers through simplified tax compliance increased tax collections due to wider tax base and better compliance Dual GST can be divided into: Non-Concurrent Dual GST Concurrent Dual GST How Dual GST is better than Unified GST ? The Economic Survey 2008-09 recommended the Government to implement the goods and services t .....

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