Search Result for : Gst Constitution Ammendment Act

GST notification doesnt end Govts power to levy excise

Sheela Mamidenna  There has been this confusion over the Amendment of Entry 84 of the Union List following which the Centre can levy excise only on petrol, natural gas, crude petroleum, high-speed diesel. The Finance Ministry clarified with a notification saying there is ‘no legal infirmity’ in the notifications issued by the Govt with regard to the GST Constitution Amendment Act.  While experts have raised apprehensions about the legality of levying excise duty by the Centre on various goods till the implementation of the GST from April 1, 2017, after the government on Sept 16 notified certain provisions of the Act.  The tweet by the Revenue Secretary Hasmukh Adhia put to rest all doubts with regard to the legality of levying the excise ...