Author:
Rawat Nitesh,Shukla Anamika,Saini Shweta,Aggarwal Shubham
Abstract
Goods and services tax introduced from July 1, 2017, is India’s biggest change in its tax system. Goods and services tax (GST) has been defined as a tax, based on consumption that is collected from the people who make, sell, and use goods and services. This tax also helps to turn the country into a single integrated market. After it was put into place, there were several vague arguments about it. This study is intended to help people understand what GST is and its benefits. Also, it examines how GST affects the Indian economy.
Publisher
The Institute of Cost Accountants of India
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