The 101st Constitutional Amendment Act, 2016 marks a watershed moment in India's taxation history, introducing the Goods and Services Tax (GST) regime..
This amendment fundamentally restructured the taxation powers between the Union and States, creating a unified taxation system for goods and services across India.
Article 246A - New Power Structure
Primary Provision: Grants concurrent powers to Parliament and State Legislatures to make laws regarding GST.
Exception: Parliament holds exclusive power over inter-State trade and commerce.
Special Provision: Separate clause for petroleum products (crude, diesel, petrol, natural gas, aviation fuel).