Main Article Content
Abstract
The concept of tax is not new to India. It was prevalent in ancient times too. But in independent India lot of changes took place in the structure and system of taxation. Tax may be direct or indirect but to put forward changes, there is necessary to create statutes and amendment to the Constitution of India. After 2014, lot of changes brought about in indirect tax regime. The administrative system of India is federal in structure and unitary in spirit. There was segregation of taxes levied by the states and by the centre. But as per the new amendment which brought to the Constitution of India in 2016, dual tax system has been followed which includes Central Goods and Service Tax and State Goods and Service Tax, which are levied and collected by the Central and State Governments on intra-state transaction as well as Integrated Goods and Service Tax, which is levied and collected by the Central Government on inter-state transactions.