Abstract

The caselet discusses about the apprehensions of different sections of the society regarding implementation of VAT in India. It explains the scenario in India after the implementation of VAT. It also explains how VAT system of taxation is different from the earlier system of taxation in India. It specifically emphasizes on the efficacy of VAT in India.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Apprehensions regarding implementation of VAT in India
• Can VAT replace central sales tax in India
• and Benefits of VAT to various sections of the society.

Keywords

Value Added Tax (VAT), taxation in India, central sales tax, state taxes, pre-VAT, commodities, tax evasion, Empowered Committee of State Finance