International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


Downloads: 168

India | Law | Volume 8 Issue 11, November 2019 | Pages: 296 - 298


Impact of GST on Indian Economy

Swathi Krishna

Abstract: The introduction of the Goods and Services Tax in India may be considered as the most important financial reform ever in the history of our country. On 30 th june 2017, the joint session of parliament was convened to proclaim and witness the transition of the whle country towards the new indirect tax regime applicable with effect from 1st july 2017. With the motto one nation, one tax, one market, the country virtually wake up on 1st july 2017, with a single GST, abolishing all the check posts and barriers in the movement of goods from one state to another and replacing the multiple tax structure prevailed in different states and union territories

Keywords: GST, CGST SGST



Citation copied to Clipboard!

Rate this Article

5

Characters: 0

Received Comments

No approved comments available.

Rating submitted successfully!


Top