00885pab a2200145 454500008004000000100001900040245007900059260000900138300001500147362001000162520048000172650001800652650003500670773003400705180718b1999   xxu||||| |||| 00| 0 eng d  aGurumurthi, S.  aFiscal federalism: towards an appropriate VAT system for a federal economy  c1999  ap.2875-888  a2 Oct  aThe paper analyses the current division of responsibility between the centre and the states with regard to commodity taxation in its historical perspective and the efforts initiated during the last 15 years to introduce the VAT in place of union excise duties at the central and the sales taxes at the state levels. It offers an alternative VAT model for India based on certain principles applicable also to other federal economies planning to introduce the VAT. - Reproduced  aFiscal policy  aFederal state fiscal relations  aEconomic and Political Weekly