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Nov 14, 2023 · Constitutional Amendment Act 101 allows both the centre and states to assess excise duty, Octroi tax, customs duty, service tax, entry tax, entertainment tax, etc., all substituted by the GST, making it a single indirect tax. Download 101 Amendment of Indian Constitution Notes PDF.
Officially known as The Constitution (One Hundred and First Amendment) Act, 2016, this amendment introduced a national Goods and Services Tax (GST) in India from 1 July 2017. It was introduced as the One Hundred and Twenty Second Amendment Bill of the Constitution of India ,
The Constitution Amendment Bill 122, often known as the 101 Amendment to the Indian Constitution, advocated for the implementation of GST. To prevent tax escalation and establish a single market for goods and services, the goods and services tax will replace numerous indirect taxes levied by the federal and state governments.
May 13, 2022 · The 101st Amendment to the Indian Constitution- is about the Goods and Services Tax which was implemented in the country on July 1, 2017. The 102nd Amendment to the Indian Constitution- granted the National Commission for Backward Classes constitutional standing. Amendments in the Indian Constitution
As of September 2023, there have been 106 amendments of the Constitution of India since it was first enacted in 1950. There are three types of amendments to the Constitution of India of which the second and third types of amendments are governed by Article 368.
An Act further to amend the Constitution of India. BEit enacted by Parliament in the Sixty-seventh Year of the Republic of India as follows:— 1. (1) This Act may be called the Constitution (One Hundred and First Amendment) Act, 2016.
The Constitution Amendment Act of 2016 introduced changes for the implementation of GST like delineating powers, creating the GST Council, and defining the levy of IGST for inter-state supply. It also included restrictions on tax imposition, provided definitions, and enabled compensation to states for revenue loss.
