What is the significance of the insertion of Article 246A by the Constitution (One Hundred and First Amendment) Act, 2016?
The significance of the insertion of Article 246A by the Constitution (One Hundred and First Amendment) Act, 2016 is that it provides special provisions with respect to goods and services tax. It allows both Parliament and the Legislature of every State, subject to clause (2), to make laws with respect to goods and services tax imposed by the Union or by such State. This amendment recognizes the importance of a coordinated approach between the central government and state governments in implementing the Goods and Services Tax (GST) system in India.