TABLE OF CONTENTS LIST OF PRIMARY SOURCES; RESEARCH METHODOLOGY; CHAPTER I; INTRODUCTION; CHAPTER II; AN OVERVIEW OF GST REGIME IN INDIA; 11.1 Contextualizing the idea of taxation; 11.2 Understanding the Concept of Goods and Services Tax; 11.3 Evolution of idea of GST; Development of the idea of Goods and Services Tax in India; Basic Features of GST; CHAPTER III; JUSTIFICATION FOR GST; Difficulties with the present system of indirect taxation; Why GST?; CHAPTER IV; CONSTITUNONAL BACKGROUND; Evolution of distribution of taxation powers; Constitutional Provisions relating to division of taxing powers; he Constitution (One Hundred and Fifteenth Amendment) Bill, 2011; Changes proposed by the Constitution 115th Amendment Bill, 2011; IV.5 Concerns that need to be addressed; CHAPTER V; GST AND CURRENT TAXATION REGIME; V.1 Service Tax; V.2 VAT; CHAPTER VI; DESIGN OF GOODS AND SERVICES TAX FOR INDIA; VI. 1 National VAT; VL2 State VAT; VL3 Dual VAT; VIA The choices and trade-offs for India; CHAPTER VII; INTER-STATE TRANSACTIONS OF GOODS AND SERVICES - IGST MODEL FOR INDIA 66; VII.1 Evolution of inter-state sales tax regime; VIL2 Modus Operandi of Inter-state Goods and Services Tax under GST Regime: VII .3 Issues with respect to the proposed model; TAX RATE AND BASE; VIII. 1 Tax Rate; VIIL2 Finalization of base year; VIIL3 Determination of tax rate; CHAPTER VIII; 111.4 Tax Base; 11 11.5 Threshold for tax; 11.6 Compensation Mechanism; CHAPTER IX; SUMMARY OF SUGGESTIONS AND CONCLUSION; BIOGRAPHY.