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The Sixteenth Modification helps make crystal clear that earnings, not ownership, is becoming taxed, so there isn't a prerequisite of apportionment and thus no constitutional challenge. it had been an important problem under the previous tax regime, where by companies click here were taxed at just about every stage in the production or provider su
this short article explores the intricacies of the dual administrative composition, the place the two Central and point out Governments hold the authority to administer GST, possibly resulting in parallel proceedings. Threshold exemptions: compact companies take advantage of threshold exemptions, reducing compliance burdens and advertising and mar