India is known for its complex tax system. It’s almost impossible for new businesses and start-ups to understand the direct and indirect tax systems. This problem gets even more aggravated when constant changes are made to taxes with each financial year. But things change with the new Goods and Services Tax commonly known as GST. […]
The primary objective of statutory interpretation is to ascertain the Legislature’s intention conveyed expressly or impliedly in the language used. As stated by Salmond, “interpretation or construction is meant, the courts seek to determine the meaning of the Legislature through the medium of authoritative forms in which it is to be expressed.”
In India, the taxation reforms can be traced back to the early 1990s right from liberalization and globalization to the recent enactment of Goods and Services Tax (GST), which was incorporated by way of the 101st Amendment to the Constitution. GST can be considered the most comprehensive single tax reform in India since independence. It