Reading the Rosetta Stone: The New GST Constitution Amendment Bill

Abstract

The GST Constitutional amendment Bill awaits a crucial passage through the parliament and ratification by the states. Even in its present form, it seems like an on-going work-inprogress and no Rosetta Stone of tax softening. A new Article 246A provides that the Union and the States as well as a Union Territory with a legislature will simultaneously be able to levy the Good and Services tax except the inter-state GST which will be the domain of the Union Parliament.