A Journey of Goods and Services Tax (GST) and Structural Impact of GST on the Growth of GDP in India

Ajaykumar Kankipati
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Abstract

In Developing countries like India, the taxation system is very crucial role in the development of revenues of the country. But India tax system is difficult to understand and in fact for calculation too in case of both direct tax as well as indirect tax. In order to overcome the problems of the government of India tries to simply the direct tax as well as indirect tax, the government made the proposal of introducing GST (goods and services tax) instead of all indirect taxes and DTC (direct tax code) instead of direct tax. But fortunately GST won the first place in the purview of implementation. The government of India is committed to replace all the indirect taxes levied on the services and goods by state and central government in the month of April 2017. This paper made an attempt to explain the level of impact of this GST (goods and services tax) on the growth of the economy, and benefits for the business and government and for the consumers.
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商品及服务税之旅及商品及服务税对印度GDP增长的结构性影响
在像印度这样的发展中国家,税收制度在国家收入的发展中起着至关重要的作用。但印度的税收制度很难理解,事实上,无论是直接税还是间接税,都很难计算。为了克服印度政府试图简单征收直接税和间接税的问题,政府提出了引入GST(商品和服务税)代替所有间接税和DTC(直接税法)代替直接税的建议。但幸运的是,GST在实施范围内获得了第一名。印度政府承诺在2017年4月取代邦和中央政府对服务和商品征收的所有间接税。本文试图解释这种GST(商品和服务税)对经济增长的影响程度,以及对企业和政府以及消费者的好处。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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