GST & Constitutional Changes
<div class="xblock xblock-public_view xblock-public_view-vertical" data-course-id="course-v1:EBC+GST+2019" data-init="VerticalStudentView" data-runtime-class="LmsRuntime" data-runtime-version="1" data-block-type="vertical" data-usage-id="block-v1:EBC+GST+2019+type@vertical+block@f4c7ac2425b9480eb97809015613ba18" data-request-token="ae85165e0bab11efa8880242ac120004" data-graded="False" data-has-score="False">
<div class="vert-mod">
<div class="vert vert-0" data-id="block-v1:EBC+GST+2019+type@bcp_xblock+block@0fd32384552e44e3b8bcdbc2e87fc540">
<div class="xblock xblock-public_view xblock-public_view-bcp_xblock" data-course-id="course-v1:EBC+GST+2019" data-init="BCPlayerBlock" data-runtime-class="LmsRuntime" data-runtime-version="1" data-block-type="bcp_xblock" data-usage-id="block-v1:EBC+GST+2019+type@bcp_xblock+block@0fd32384552e44e3b8bcdbc2e87fc540" data-request-token="ae85165e0bab11efa8880242ac120004" data-graded="False" data-has-score="False">
<div class="brightcove-xblock">
<h1 style="display: none;">Video on 7.3 Status of tobacco, petroleum and real estate</h1>
<h3 class="hd hd-2">7.3 Status of tobacco, petroleum and real estate</h3>
</div>
<div id="playerContainer" class="outer" data-account="6415696987001" data-player="uXtBDHC3p" data-video-id="6348969352112" data-location="65f80dc9284ab34bd262caa7"></div>
<input type="hidden" name="current_view" value="public" id="current_view_type">
<script type="text/javascript">
$(document).ready(function() {
var $h1 = $('#course-h1-title');
var $h2 = $('<h2></h2>')
.attr('class', $h1.attr('class'))
.attr('id', $h1.attr('id'))
.html($h1.html());
$h1.replaceWith($h2);
});
</script>
</div>
</div>
<div class="vert vert-1" data-id="block-v1:EBC+GST+2019+type@html+block@25f4835eea104bd6859b4a08cd3d6d3c">
<div class="xblock xblock-public_view xblock-public_view-html xmodule_display xmodule_HtmlBlock" data-course-id="course-v1:EBC+GST+2019" data-init="XBlockToXModuleShim" data-runtime-class="LmsRuntime" data-runtime-version="1" data-block-type="html" data-usage-id="block-v1:EBC+GST+2019+type@html+block@25f4835eea104bd6859b4a08cd3d6d3c" data-request-token="ae85165e0bab11efa8880242ac120004" data-graded="False" data-has-score="False">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "HTMLModule"}
</script>
<head>
<style>
.collapsible {
background-color: #777;
color: white;
cursor: pointer;
padding: 10px;
width: 100%;
border: none;
text-align: left;
outline: none;
font-size: 15px;
}
.active, .collapsible:hover {
/*background-color: #555;*/
font-size: 115%;
}
.myContent {
border: 1px solid darkgray;
background: white;
padding: 10px 18px;
/*font: 24px/36px sans-serif;*/
/*width: 200px;*/
display: none;
height: 400px;
overflow: scroll;
}
/* Scrollbar styles */
::-webkit-scrollbar {
width: 8px;
height: 0px;
}
::-webkit-scrollbar-track {
}
::-webkit-scrollbar-thumb {
background: darkgray;
}
::-webkit-scrollbar-thumb:hover {
background: red;
}
</style>
</head>
<body>
<button class="collapsible"><h4>Transcript</h4></button>
<div class="myContent">
<p>We have already discussed that GST today is not a complete subsummation. Certain goods and certain indirect taxes has still been left out of GST. Petroleum represents one example, it is within GST but not effective yet. Tobacco is another example, a different example, it is within GST but also subject to excise duty.
Real estate is a third species of example. There are entries under the State Lists namely taxes on land and building, stamp duties which apply in relation to land. However, there is still a possibility that real estate or immovable property can be considered to be subsumed within GST on account of wide definition of service under the Constitution. However, these are niche aspects and I will recommend you have a look at my book for finer details.
<p><br /><br /></p></p>
<script>
var coll = document.getElementsByClassName("collapsible");
var i;
for (i = 0; i < coll.length; i++) {
coll[i].addEventListener("click", function() {
this.classList.toggle("active");
var content = this.nextElementSibling;
if (content.style.display === "block") {
content.style.display = "none";
} else {
content.style.display = "block";
}
});
}
</script>
</body>
</div>
</div>
</div>
<script type="text/javascript">
(function (require) {
require(['/static/js/dateutil_factory.a28baef97506.js?raw'], function () {
require(['js/dateutil_factory'], function (DateUtilFactory) {
DateUtilFactory.transform('.localized-datetime');
});
});
}).call(this, require || RequireJS.require);
</script>
<script>
function emit_event(message) {
parent.postMessage(message, '*');
}
</script>
</div>