What is it about?
It examines why tax revenues of the north eastern states are low. It also looks into the reasons for the higher GST revenues in the north eastern states. In the earlier tax system, CST was levied in inter state trade tax. The proceeds were given to the state or origin. But in the new tax, it is given to the state of consumption. The north eastern states being largely consuming states are benefited. Tax compliance is also higher.
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Why is it important?
It is important because it tells how VAT as well as tax reforms can impact tax revenues
Perspectives
This paper is very important because it perhaps reveals the benefits of VAT in the north eastern region
Dr Damodar Nepram
Dept. of Economics, Manipur University, Canchipur, India
Read the Original
This page is a summary of: GST Unlocks Strong Revenue Potential of India’s North Eastern States, Indian Public Policy Review, September 2021, Indian Public Policy Review,
DOI: 10.55763/ippr.2021.02.05.004.
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