Main Body
6Expands state powers: Earlier state could not impose service taxes. But after GST Council they can. (7) Resolving disputes: GST Council acts as effective forum for both Union and States to solve Conflict regarding Fiscal matters. Concern: GST Compensation to States Stopped. Hasty decision e.g.: Decision to levy 28% GST on online gaming and opposed by CSOs. Funds not released on time to states. GST Council should facilitate states finances and not undercut. Under consultations with all stake holders including Civil Society and Industry should be taken before arriving at decision to fulfill goals of Cooperative federalism.
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Conclusion
GST Council should facilitate states finances and not undercut. Under consultations with all stake holders including Civil Society and Industry should be taken before arriving at decision to fulfill goals of Cooperative federalism.
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This is a continuation from previous page
Topper
Abhishek Singh
Subject & Paper
GS2GS2
Topic
Federal Structure - Functions, Responsibilities, Devolution of Powers and Finances
Federalism
GST Council - Mandate and Functions
Writing Stats
131
Total words
1
Paragraphs