A Comparative Study Of India’s GST Regime With The Canadian GST Model With Special Emphasis On The Idea Of Fiscal Federalism
Mehul Mor, L.L.M in Corporate Law, Christ (Deemed to be) University
ABSTRACT
The Goods and Service Tax came into effect in India on 1st July 2017. The indirect tax regime was introduced as an improvement from the previous tax regime which had several taxes at multiple levels being introduced by the centre and state. All the previous taxes like VAT, Sales Tax, etc were removed and one tax point, i.e., tax on the sale of goods and services was introduced. This legal regime of indirect taxation was inspired by several countries one of them being Canada which had implemented its GST model in 1991 and has a rich legal history of the same since then. This research study is a comparative study between India’s GST Model and Canada’s GST model. While making a comparison between the two laws, concepts of federalism like fiscal federalism are used as legal instruments to get more clarity on the nature of the respective legislations. This paper has in detail focusing on the differences and similarities between the two legislations.
