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
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.