Q 4. What principles were adopted for subsuming the above taxes under GST?

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Ans. The various Central, State and Local levies were¬† examined to identify their possibility of being subsumed under GST. While identifying, the following principles were kept in mind: (i) Taxes or levies to be subsumed should be primarily in the nature of indirect taxes, either on the supply of goods or on the supply of…

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