Economic review: Impact of tax on developing countries with special reference to GST India

Economic review: Impact of tax on developing countries with special reference to GST India
Author(s):
srinivasan p
Keywords:
GST (Good and service Tax), GST India, taxation system.
Abstract
GST (Good and service Tax) is the newly implemented taxation system India, and it is a single tax rate all over India. And it is GST one of the biggest indirect tax reforms in the country. The motto to expect to bring economic growth of state and central. GST levied by the central of India. It creates simplification and removal of multiple valuation of tax. And also, will reduce cost of production. Ease of registration in a single registration process. Cash flow has improved. Supply chain restructuring and elaborate transaction management.
Article Details
Unique Paper ID: 146393 Publication Volume & Issue: Volume 4, Issue 12 Page(s): 778 - 782
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