The Goods and Service Tax has been a grand bargain in the cooperative federalism. But issue of GST compensation to the States in the aftermath of lockdown threatens this achievement in the federalism. In light of this, explain the issue of compensation and suggest the ways to deal with it. 10 marks

Mentor’s comment- In the in intro, briefly mention the issue of compensation. In the body, mention how GST has been … Continue reading The Goods and Service Tax has been a grand bargain in the cooperative federalism. But issue of GST compensation to the States in the aftermath of lockdown threatens this achievement in the federalism. In light of this, explain the issue of compensation and suggest the ways to deal with it. 10 marks