Paper Title
IMPACT AND CHALLENGES OF IMPLEMENTATION OF GST IN INDIAN ECONOMY
Article Identifiers
Authors
RAM PRABESH SAHANI
Keywords
Goods and service tax, Impact of GST, Indian economy.
Abstract
Goods and service tax (GST) is a comprehensive tax levy on manufacture, sale and composition of goods and service at a national level under which no distinction is made between goods and service for levying of tax. It will mostly substitute all indirect taxes levied on goods and service tax by the central and state government in India. GST is a greatest tax reform in Indiasince independence. More than 160 countries in the world have implemented GST so far. France was the first country to introduce GST in 1954. Most of the countries have a unified GST system. Brazil and Canada follow a dual system which is followed in India. This paper presents an overview of GST, advantages, features, impact and challenges of GST on various industries.
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How To Cite (APA)
RAM PRABESH SAHANI (September-2018). IMPACT AND CHALLENGES OF IMPLEMENTATION OF GST IN INDIAN ECONOMY. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 3(9), 1-3. https://ijnrd.org/papers/IJNRD1809001.pdf
Issue
Volume 3 Issue 9, September-2018
Pages : 1-3
Other Publication Details
Paper Reg. ID: IJNRD_180152
Published Paper Id: IJNRD1809001
Downloads: 000121995
Research Area: Commerce
Country: SONITPUR, ASSAM, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD1809001.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD1809001
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
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