Examine the validity of the following statements and give brief reasons for your answer: (ii) Taxes on intra-state sale or purchase of goods are covered under entry 92A of Union List of the Constitution.

CS Professional · Advanced Tax Laws and Practice · PYQS · June 2017
Examine the validity of the following statements and give brief reasons for your answer: (ii) Taxes on intra-state sale or purchase of goods are covered under entry 92A of Union List of the Constitution.

Answer & Explanation:

Invalid: Taxes on intra-state sales or purchase of goods are covered under entry 54 of State List of the Constitution. Entry 92A of Union List of the Constitution covers central sales tax.

Topics: Constitutional Law

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