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Volume 06, Issue 11
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ISSN Number:
2582-8568
Journal DOI No:
03.2021-11278686
Title:
GST (Goods and Services Tax)'s effects on the Indian Marketplace
Authors:
Cite this Article:
,
GST (Goods and Services Tax)'s effects on the Indian Marketplace, International Research Journal of Humanities and Interdisciplinary Studies (www.irjhis.com), ISSN : 2582-8568, Volume: 6, Issue: 7, Year: July 2025, Page No : 140-144,
Available at : http://irjhis.com/paper/IRJHIS2507014.pdf
Abstract:
One of the most significant changes to the nation's indirect tax structure is the Goods and Services Tax (GST). It integrates all state and federal indirect taxes into a single economy in a mixed macro economy tax system like India to create a seamless, strong, growing and prosperous national market. Since it is transparent and self-regulated, it will be easy to administer. In my view, it will be an important tool for the development of the country and to remove the loopholes in the current indirect tax structure. A large number of central and state indirect taxes will be combined to form a unified tax system and the cascading effect of double taxation will be greatly reduced.
Keywords:
GST, Indirect Tax, Indian Market, Sector, and effects
Publication Details:
Published Paper ID: IRJHIS2507014
Registration ID: 21986
Published In: Volume: 6, Issue: 7, Year: July 2025
Page No: 140-144
ISSN Number: 2582-8568
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