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  Published Paper Details:

  Paper Title

ANALYZING INDIA'S SIX-YEAR HISTORY OF GOODS AND SERVICES TAX IMPLEMENTATION

  Authors

  Sumant Meena

  Keywords

Key words: Goods and Services (GST), Central Goods and Services Tax (CGST), State Goods and Service Tax (SGST), Value Added Tax (VAT), Goods and Services Tax Identification Number (GSTIN), Integrated Goods and Services Tax (IGST), Enterprise Resource Planning (ERP), Harmonized System of Nomenclature (HSN).

  Abstract


Abstract Background: India's will to pursue much-needed fiscal changes under a federal system has been warmly praised at face value. This was evident when India abandoned her old convoluted and ineffective tax system in favour of the eagerly anticipated Goods and Services Tax (GST). Since its introduction, it has been a major economic development since independence and needs to have the facts verified. The shortcomings of the current indirect tax legislation have been addressed by the introduction of the GST. It is accurate to see the government's July 1, 2017, implementation of the Goods and Services Tax (GST) as an unprecedented move. Method: The research methodology used in this study is exploratory research. secondary sources considered to compile information. The Journey of GST, spanning six years from the day of implementation to January 2024. Result: The paper intends to offer insights into the evolution and results of GST through a thorough examination, illuminating its role in forming India's tax landscape and supporting the more general objectives of economic development and simplified taxes.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2407403

  Paper ID - 265634

  Page Number(s) - d424-d439

  Pubished in - Volume 12 | Issue 7 | July 2024

  DOI (Digital Object Identifier) -   

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

  E-ISSN Number - 2320-2882

  Cite this article

  Sumant Meena,   "ANALYZING INDIA'S SIX-YEAR HISTORY OF GOODS AND SERVICES TAX IMPLEMENTATION", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 7, pp.d424-d439, July 2024, Available at :http://www.ijcrt.org/papers/IJCRT2407403.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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