Published Paper Details:

The effect of the Goods and Services Tax (GST) on India's GDP is examined in this article. The introduction of GST in 2017 sought to simplify the indirect tax structure, get rid of tax cascading, and lower prices for customers. GST has consistently produced large tax income despite initial difficulties, such as the COVID-19 epidemic. To comprehend the implications of GST on the cost of services in India, the study reads pertinent literature and analyses secondary data. It draws attention to the uniformity of taxes, tax rates, and potential price changes for various services. The article also covers the difficulties encountered during the transition phase and the effects of GST on particular services.The findings imply that while certain services may have seen cost reductions as a result of input tax credits, others may have initially struggled. However, the long-term goal of the GST framework is to establish a simpler, more effective tax system. The article's conclusion is that GST has significantly altered the tax code, increased compliance, and helped create a more open and formalised economy. Positive effects on India's GDP are anticipated, with the potential to strengthen India's position in both domestic and global markets, raise the tax-to-GDP ratio, and assist in containing inflation.