Analysis of Proposed 122nd Constitutional Amendment – Goods & Service Tax (GST) bill

Insertion of New Articles

1) Article 279A – Goods and Services Tax Council

2) Article 246A – Special Provision with Respect to Goods and Services Tax

3) Article 269A – Levy and Collection of Goods and Services Tax in course of Inter-State Trade or Commerce

Amendment to Existing Articles

1) Article 248 Residuary powers of legislation

2) Article 249 Power of Parliament to Legislate with respect to a matter in the State List in the National Interest

3) Article 250 Power of Parliament to Legislate with respect to any matter in the State List if a Proclamation of Emergency is in Operation

4) Article 268 Duties levied by the Union but collected and appropriated by the States

5) Article 269 Taxes levied and collected by the Union but assigned to the States

6) Article 270 Taxes levied and distributed between the Union and the States

7) Article 271 Surcharge on certain duties and taxes for purposes of the Union

8) Article 286 Restrictions as to imposition of tax on the Sale or Purchase of Goods

9) Article 366 Meaning of Goods and Services Tax(GST) & Services

10) Article 368 Power of Parliament to amend the Constitution and procedure therefore

11) Amendment to Sixth Schedule to the Constitution

12) Amendment to Seventh Schedule to the Constitution

Omission of Articles

Article 268A Service tax levied by Union and collected and appropriated by the Union and the States

Arrangement for assignment of additional tax on supply of goods to States for two years or such other period recommended by the Council.

Compensation to States for loss of revenue on account of introduction of goods and services tax

Transitional Provisions

Power of President to Remove Difficulties