International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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GOODS AND SERVICE TAX: A NEW ERA OF ECONOMIC REFORMS IN INDIA

    1 Author(s):  ASEEN KHAN

Vol -  8, Issue- 8 ,         Page(s) : 6 - 12  (2017 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

The Goods and Services Tax which was passed recently is one of the most historic tax reforms in Indian taxation history. It is a comprehensive tax system that will subsume all indirect taxes of states and central government and it will unify economy into a seamless national market. It is expected to iron out wrinkles of existing indirect tax system and play a vital role in growth of India.

  1. G. Sampath, www.hindu.com
  2. GST – CONCEPT & STATUS: www.cbec.gov.in:
  3. http://www.gstcounsi.gov.in/
  4. www.gstindia.com/basics-of-gst-implementation-in-india/
  5. www.hidustantimes.com/bussines-news/   “Will GST untangle India’s tax regime? How the new system might impact consumers and businesses”, July 08,2017.    
  6. http://dor.gov.in/goods-and-service-tax
  7. http://www.indianexpress.com/agency/express-web-desk/ June 30, 2017.

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