PREVIOUSLY ASKED IN:
PSC Miscellaneous Prelims 2018
Answer
101st Amendment
Explanation
The Goods and Services Tax (GST) was introduced in India through the 101st Constitutional Amendment Act, 2016. It officially came into effect on July 1, 2017. GST is a comprehensive indirect tax levied on the manufacture, sale, and consumption of goods and services across India, replacing multiple cascading taxes levied by the central and state governments. Article 279A was added to form the GST Council.
Key Points
- > GST is an Indirect Tax system in India.
- > It was enacted via the 101st Constitutional Amendment Act, 2016.
- > It was introduced as the 122nd Constitutional Amendment Bill.
- > GST came into effect in India on July 1, 2017.
- > France was the first country in the world to implement GST in 1954.
- > The Vijay Kelkar Committee recommended the rollout of GST in India.
- > Article 279A deals with the formation of the GST Council.
Additional Information
Recent Important Constitutional Amendments
| Amendment | Year | Key Feature |
|---|---|---|
| 100th | 2015 | Exchange of enclave territories with Bangladesh |
| 101st | 2016 | Introduction of Goods and Services Tax (GST) |
| 102nd | 2018 | Constitutional status to National Commission for Backward Classes (NCBC) |
| 103rd | 2019 | 10% reservation for Economically Weaker Sections (EWS) |
| 104th | 2020 | Abolished Anglo-Indian reserved seats in Lok Sabha & State Assemblies |
Memory Tips
- Auspicious 101: In India, giving ₹101 is considered auspicious. Remember the massive tax reform GST as this auspicious 101st amendment.