The Dual GST Model in India: Emanating Opportunities and Challenges
DOI:
https://doi.org/10.33516/maj.v55i7.42-44pKeywords:
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GST model in India is a switch over from the origin based taxation system to the destination based. It has also systematically shifted the federal fiscal relation between the Centre and the States to cooperative federalism. It is expected to have direct impact on fiscal disciplines of the States. For the transition period the revenues of the State Governments are protected however scene after five years are dark and unpredictable. The paper discusses the mechanism and implications of tax revenue sharing between the Centre and the States under dual GST model and emanating opportunities and challenges there from.Downloads
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