IRJMST

*Contents are provided by Authors of articles. Please contact us if you having any query.

Cite This          

 A CRITICAL ANALYSIS ON GOODS AND SERVICES TAX IN INDIA



Author(s): BARLA MALLESH YADAV

Abstract

GST is one of the biggest reforms in Indian taxation system in post independent era. It is a reform which has taken decades to get a shape. It abolished around 15 state and central indirect taxes to bring uniformity in indirect taxation system. Pre-GST system was a blend of taxes at different levels like central, state, local which lead to double taxation and confusion in the market. There is a hue and cry is going on about GST in Indian economic and political scenario. By implementing GST reform in India; it abridges different tax rates in different states. The motto of GST is “one nation one market one tax” it would make India as a country for ease of doing business which attracts more foreign investments and which also leads to growth of economy by producing lakhs of employment opportunities



Cite This

A CRITICAL ANALYSIS ON GOODS AND SERVICES TAX IN INDIA. Barla Mallesh Yadav.2017 .11,s.l.: IRJMST,2017, International Research Journal of Management Sciences & Technology ,Vol.8 www.IRJMST.com