At the core of taxation lies the well-being of the populace. While indirect tax laws primarily aim at recovering revenue and imposing fines, they also grant the authorities the power to take stringent actions, including making arrests, against those who exploit the provisions of these laws. The ability to arrest an individual traces its origins … Continue reading Arrests within the realm of GST enforcement still linger in a zone of uncertainty.
Dual GST — A Discussion
The Dual GST Approach Crafting a destination-based Goods and Services Tax (GST) system presents intricate challenges in a country like India, where the authority to tax domestic trade is divided between the state and central governments. Implementing a conventional nationwide GST without undermining state autonomy is unfeasible. This dilemma is resolved through India’s adoption of … Continue reading Dual GST — A Discussion
What is the Dual GST Structure?
The Dual GST framework stands as a hallmark of India’s taxation system, celebrated for its straightforwardness and dual components. This tax model features two main types: the Central Goods and Services Tax (CGST) and the State Goods and Services Tax (SGST). Together, they create a balanced and efficient tax structure that aligns perfectly with India’s … Continue reading What is the Dual GST Structure?