Published Paper Details:

Single tax system that is applied to a variety of indirect taxes is the goods and services tax. This is intended to lessen any indirect factors that have an impact on the nation's imports and exports. India, the world's seventh-largest economy and the one with the greatest rate of growth, is making good progress towards surpassing China. Trade activity, which an economy practices to be the best, is the primary factor that contributes to its strong economic state and performance. Policymakers anticipated that an investor-friendly government would increase foreign investment in India. One of the largest structural changes to India is the implementation of the Goods and Services Tax (GST), which will encourage international investors to make investments in the country. This essay seeks to determine the effects of GST on India's different industries while also levelling the playing field for overseas investors. This essay will assist in examining how the GST has affected India's import and export business. Secondary data that is pertinent to the current state of the economy will serve as the foundation for the report.