Point of taxing Krishi Kalyan Cess – A debacle
“We legislate first and think afterwards. Complicity is heaped upon complexity and confusion becomes worse confounded”
– Nanabhoy Ardeshir Palkhivala
The power to levy and collect taxes comes from the Constitution of India (‘Constitution’). Article 246 of the Constitution empowers both the Parliament and the State Legislature to make laws with respect to the matters specified in VII Schedule, viz. Union List, State List and Concurrent List.
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