00936pab a2200169 454500 180718b1999 xxu||||| |||| 00| 0 eng d Gurumurthi, S. Fiscal federalism: towards an appropriate VAT system for a federal economy 1999 p.2875-888 2 Oct The 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 Fiscal policy Federal state fiscal relations Economic and Political Weekly 42691 42691 42691 0 0 0 0 IIPA IIPA 2018-07-19 Volume no: 34, Issue no: 40 AR43076 2018-07-19 2018-07-19 AR