Explain the salient features of the constitution (One Hundred and First Amendment) Act, 2016. Do you think it is efficacious enough 'to remove cascading effect of taxes and provide for common national market for goods and services'?
Question source: insightsonindia.com
Write a timed answer in the appCurrent affairs to use in your answer
One year of two-slab GST: Finance Minister cites a wider base and higher collections · 5 October 2026 · Covers one part · use it in the conclusion
Argue that GST is still not fully efficacious because fuels remain outside it, while the 2025 reform simplified rates.
- Article 279A(5) keeps petroleum crude, diesel, petrol, natural gas and ATF outside GST, breaking the input tax credit chain.
- The 56th GST Council (3 September 2025) replaced four main rates (5%, 12%, 18%, 28%) with 5% and 18%, plus a 40% de-merit rate.
Also related
- 101st Amendment
Asks directly for the salient features of the 101st Amendment and whether GST creates a common national market.