Taxation of Interstate Transactions under the Proposed Indian GST

Abstract

India is on the eve of a major reform of its indirect tax system. The reform will result in the replacement of a large number of central taxes by a central GST, and of the current state VAT by state GST, which is more than a change of the name of the tax. In this article, the authors specifically discuss the method of taxing interstate supplies of goods and services, which, under the most recent proposals, will be subject to integrated GST.