101st Constitutional Amendment That Introduced GST Is A Watershed Moment In Evolution Of Cooperative Federalism: Supreme Court

In its judgment delivered on Monday, the Supreme Court observed that One Hundred and First Amendment to the Constitution, which introduced Goods and Service Tax regime, is a watershed moment in the evolution of cooperative federalism. It brought about a significant merger by contemplating a fiscal umbrella comprehending GST, the bench comprising Justices DY Chandrachud and MR Shah observed. C…