Accountancy, asked by Arzoo1122, 10 months ago

Why is Dual GST required?

Answers

Answered by Anonymous
1

Answer:

India is a federal country where both the Centre and the States have been assigned the powers to levy and collect taxes through appropriate legislation. Both the levels of Government have distinct responsibilities to perform according to the division of powers prescribed in the Constitution for which they need to raise resources. A dual GST will, therefore, be in keeping with the Constitutional requirement of fiscal federalism.

Answered by raushankumar3604
9

Answer:

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☆☆☆

India is a federal country where both the Center and the States have been assigned the powers to levy and collect taxes through appropriate legislation. Both the levels of Government have distinct responsibilities to perform according to the division of powers prescribed in the Constitution for which they need to raise resources.

A dual GST will, therefore, be in keeping with the Constitutional requirement of fiscal federalism.

☆☆☆☆☆

Thank you✌✌❤

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