Comparative Study of Goods and Services Tax (GST) in India and Canada

By : Kumar Mahesh

Page No: 255-268

Abstract
The Goods and Services Tax (GST) is considered as an enormous, even ‘giant’ form of indirect taxation, irrespective of the application in which the country aims to gear the country towards economic development. The present paper aims to analyse and deliberate upon the GST model which has been implemented in both of these nations India and Canada, claiming the major reasons for applying GST to secure a stable taxation structure and improve the efficiency of revenue collection. GST’s implementation in India in 2017, marked a crucial reform in indirect taxation mechanisms, encouraging a smooth cooperative fiscal climate with a unified national market. Canada implemented GST as early as in 1991, with an exceptional mechanism for resolving disputes and means of fiscal equalisation within a parliamentary-federal structure, much like India’s. The paper provides a comparative framework of both countries, to examine their respective fiscal arrangements, dispute resolution mechanisms and inter-governmental dynamics that influence the tax regulations.

Author :
Kumar Mahesh, I.A.S (AGMUT Cadre, 2009) currently serving with the Government of NCT of Delhi. PhD Scholar, Delhi University; LL.M London School of Economics; MBA, Birmingham; LL.B, Delhi University Diploma in French Law, Pondicherry University.
 

DOI: https://doi.org/10.32381/NL.2024.56.03.1