TMI BlogWhat principles were adopted for subsuming the above taxes under GST?X X X X Extracts X X X X X X X X Extracts X X X X ..... Q 4. What principles were adopted for subsuming the above taxes under GST? Ans. The various Central, State and Local levies were examined to identify their possibility of being subsumed under G ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he consumption of goods and services at the other. (iii) The subsumation should result in free flow of tax credit in intra and inter-State levels. The taxes, levies and fees that are not specifical ..... X X X X Extracts X X X X X X X X Extracts X X X X
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