A system of Indirect tax on the sale of goods and services in India has been introduced through the mechanism of Goods and Services Tax (GST). Goods and Service tax so far has been seen by the different Indian states Governments as a mechanism whereby its authority to levy taxes on certain commodities being diluted in favour of center and hence a great threat to the fabric of Federalism. The states are also apprehensive as to the amount of taxes collected and available for appropriation after the introduction of the GST. They believe the introduction of GST will greatly affect the consolidated fund of the state. This Article discusses the fine points of much talked about Goods and Service taxes which will clear the picture to certain extent. In this Article the Author(s) will carved out the different provisions articulated under different heads related to the Goods and services to make to it easy for the end user to understand the concept of GST precisely and clearly
