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  Published Paper Details:

  Paper Title

Impact of GST on the Financial Performance of Automobile Industry: With Special Reference to Hyundai Motors Ltd.

  Authors

  Miss. Bhavana Srivastava,  Dr. Himanshu Srivastava

  Keywords

GST, Automobile Industry, Tax Credit, Hyundai Motor Ltd.

  Abstract


Due to its important role in both macroeconomic expansion and technological advancement, the Indian automobile industry has always showed signs of a healthy and robust economy. India is the world's largest producer of tractors, the second-largest producer of buses, and the third-largest producer of heavy trucks, which gives it a strong position in the heavy vehicle industry. India produced 22.93 million cars in the fiscal year 2022, which was a significant accomplishment for the country. The industry is growing rapidly and is predicted to continue to do so in the years to come. The car industry has seen numerous ups and downs since the introduction of the Goods and Services Tax (GST) in 2017, and it continues to go through technical and other changes in the course of its daily operations. In light of this, the current study paper examines how the Goods and Services Tax (GST) has affected automobile industry sales, with a particular emphasis on Hyundai Motor India Ltd. The study's primary focus is descriptive, and it has used secondary data to show the company's sales and exports before and after the GST.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2312707

  Paper ID - 248485

  Page Number(s) - g293-g296

  Pubished in - Volume 11 | Issue 12 | December 2023

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Miss. Bhavana Srivastava,  Dr. Himanshu Srivastava,   "Impact of GST on the Financial Performance of Automobile Industry: With Special Reference to Hyundai Motors Ltd.", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.11, Issue 12, pp.g293-g296, December 2023, Available at :http://www.ijcrt.org/papers/IJCRT2312707.pdf

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ISSN: 2320-2882
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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