Title: Present State of Goods and Services Tax (GST) Reform in India
Abstract: India is moving towards introduction of Goods and Services Tax (GST). The GST would be a multistage comprehensive value added tax encompassing both goods and services. In the federal structure of India and under the constitutionally assigned taxation powers to different governments, GST would be a major indirect tax reform, as both the Centre (the Union Government) and State Governments have concurrent rights to tax goods as well services at every stage of value addition in production and distribution.