ISSN2320-2882
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Paper Title

AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION

Authors

Dr.Neeraj Emmanuel Eusebius

Keywords

Goods and Services Tax, Trade and Commerce, Global Economy

Abstract

As the Lok Sabha passed Goods and Services Tax (GST) bill it was confirmed that the country will now come under single tax net for the first time. This tax reform came into existence when the Lok Sabha approved four supplementary legislations. The opposition parties put up a lot of objections which resulted in some amendments in the legislations. GST subsumed a host of indirect taxes levied by the Centre and states, including excise duty, VAT, service tax, entry, luxury and entertainment levies. As the news flourished both the print media, the electronic media, the political parties and the trade pundits started talking about the pros and cons about the GST Implementation. With the Government portraying it as a landmark achievement the opposition was full of criticism. Many International newspapers also published their views on it by depicting it as a new wave of economic reform in the country. This paper tries to analyse the background, future prospects and the challenges of Implementation of Goods and Services Tax(GST) in India. On the basis of the study the paper will examine the key facts and draws out the conclusion.

How To Cite

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IJCRT — journal style
"AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION", IJCRT - International Journal of Creative Research Thoughts (www.ijcrt.org), ISSN:2320-2882, Vol.6, Issue 1, page no.1737 - 1741, March 2018, Available :https://ijcrt.org/papers/IJPUB1801276.pdf
APA — 7th edition
Eusebius, D. N. E. (2018). AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION. International Journal of Creative Research Thoughts, 6(1), 1737 - 1741. https://ijcrt.org/viewpaperforall.php?paper=IJPUB1801276
MLA — 9th edition
Eusebius, Dr.Neeraj Emmanuel. "AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION." International Journal of Creative Research Thoughts, vol. 6, no. 1, 2018, pp. 1737 - 1741, https://ijcrt.org/viewpaperforall.php?paper=IJPUB1801276.
Chicago — 17th, bibliography
Eusebius, Dr.Neeraj Emmanuel. "AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION." International Journal of Creative Research Thoughts 6, no. 1 (2018): 1737 - 1741. https://ijcrt.org/viewpaperforall.php?paper=IJPUB1801276.
Harvard — author–date
Eusebius, D.N.E. (2018) 'AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION', International Journal of Creative Research Thoughts, 6(1), pp. 1737 - 1741. Available at: https://ijcrt.org/viewpaperforall.php?paper=IJPUB1801276
IEEE — numbered reference
D. N. E. Eusebius, "AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION," IJCRT, vol. 6, no. 1, pp. 1737 - 1741, Mar. 2018.
Vancouver — biomedical
Eusebius DNE. AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION. IJCRT. 2018 Mar;6(1):1737 - 1741.
AMA — 11th edition
Eusebius DNE. AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION. IJCRT. 2018;6(1):1737 - 1741. Accessed at https://ijcrt.org/viewpaperforall.php?paper=IJPUB1801276
BibTeX — Zotero, Mendeley, LaTeX
@article{IJPUB1801276, author = {Dr.Neeraj Emmanuel Eusebius}, title = {AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION}, journal = {International Journal of Creative Research Thoughts}, volume = {6}, number = {1}, pages = {1737 - 1741}, year = {2018}, month = {March}, issn = {2320-2882}, url = {https://ijcrt.org/viewpaperforall.php?paper=IJPUB1801276} }
RIS — EndNote, RefWorks
TY - JOUR AU - Eusebius, Dr.Neeraj Emmanuel TI - AN ANALYSIS OF THE IMPACT OF GOOD AND SERVICES TAX (GST) IN INDIA : CHALLENGES OF IMPLEMENTATION T2 - International Journal of Creative Research Thoughts JA - IJCRT VL - 6 IS - 1 PY - 2018 SN - 2320-2882 UR - https://ijcrt.org/viewpaperforall.php?paper=IJPUB1801276 SP - 1737 EP - 1741 ER -

Issue

Volume 6 Issue 1, March-2018
Pages : 1737 - 1741

Article Information

Pages
1737 - 1741
Published
March 2018
Registration ID
IJCRT_182611
Published Paper ID
IJPUB1801276
Research Area
Medical Science
Author Type
Indian Author
Location
allahabad, Uttar Pradesh, 211002
Licence
CC BY 4.0 · Open Access
ISSN & Impact Factor
2320-2882 · IF 9.17
Downloads
1,515

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International Journal of Creative Research Thoughts Published by IJCRT Publication
2320-2882 ISSN
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© 2018 — Authors hold the copyright of this article. This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits unrestricted use, distribution and reproduction in any medium, provided the original author and source are credited.
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Declarations

Funding

No external funding was received for this study.

Conflict of Interest

The authors declare that they have no conflict of interest.

Acknowledgements

The authors would like to thank the reviewers and the editorial board of International Journal of Creative Research Thoughts for their careful reading and constructive comments, and all colleagues who supported the preparation of this manuscript.

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