Volume 5, Issue 12
Frequency: 12 Issue per year
Paper Submission: Throughout the Month
Acceptance Notification: Within 2 days
Areas Covered: Multidisciplinary
Accepted Language: Multiple Languages
Journal Type: Online (e-Journal)
ISSN Number:
2582-8568
In India, GST came into force on 1st July 2017 to renovate the prior indirect structure of multiple taxes and improve tax amenability. Goods and Services Tax has become the new indirect tax system, which has been the impetuous indirect tax reform in eras. The implementation of GST enhanced the ease of doing business in India. Under GST, goods and services are taxed at the following five rates, 0%, 5%, 12% ,18% and 28%. France was the first country to implement GST concept. GST is a destination-based indirect tax that levies on goods and services both. In India. The results led to conclusion that the impact of GST is different on every sector. Lastly, our study has critically reviewed the impact of GST on different sectors in Haryana.
GST, Impact, Entrepreneurs, Agriculture, Food Industry, Diary & Milk Product, Indian Economy, Textile, Pharmaceutical, Manufacturing, Automobiles, Banking, Tourism, Real-estate, Telecommunication.