What is an amendment? Why is it necessary
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An amendment generally does not substantially alter or reverse the terms of the document it is attached to. If an agreement needs significant changes, a new contract rather than an amendment generally is drawn up. Any such document can be amended with the consent of the parties involved.One of the most common types of amendment is a simple extension of the terms of a contract. An amendment might change a price or a deadline, correct a misstatement in the document, or address an unforeseen issue.
The Constitution provides for clear division of powers in respect of taxation between the Centre and states. While the Centre at present does not have the right to tax sale of goods, except in the case of inter-state sale, states cannot levy tax on services.
The divisions are mentioned in the Article 246 under the Seventh Schedule of the Constitution. The Constitution needs to be amended to provide for giving power to both the Centre and states in respect of GST, a single tax on goods and services.