GST: Fostering Sustainability in the Realm of Indian Handicrafts

Rishika Awasthi, Moiz Akhtar, F. S. Khan
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Abstract

The implementation of GST led to a notable transformation in taxation for different sectors, such as Indian handicrafts, but its contribution to sustainability in this industry requires more investigation. This research aims to uncover and analyze the role of Goods and Services Tax (GST) in promoting sustainability within the Indian handicrafts sector. By utilizing secondary data sources, the study seeks to provide insights into the mechanisms through which GST contributes to sustainable growth and development in this culturally significant industry. Thus, the study reveals show GST helps promote sustainability in the Indian handicrafts sector through various dimensions, including simplifying tax procedures and fostering innovation, emphasizing the strategic significance of GST in supporting sustainable growth. Thus, the study further suggests more future research that could complement these findings with primary data collection to provide a more comprehensive understanding of the practical implications of GST on sustainability within the Indian handicrafts sector.
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商品及服务税:促进印度手工艺品领域的可持续性
商品及服务税的实施导致了不同行业(如印度手工艺品)税收的显著转变,但其对该行业可持续性的贡献需要更多的调查。本研究旨在揭示和分析商品和服务税(GST)在促进印度手工艺品行业可持续性方面的作用。通过利用二手数据来源,本研究旨在深入了解商品及服务税如何促进这个文化意义重大的行业的可持续增长和发展。因此,该研究表明,商品及服务税有助于通过各个方面促进印度手工艺品行业的可持续性,包括简化税收程序和促进创新,强调商品及服务税在支持可持续增长方面的战略意义。因此,该研究进一步建议未来进行更多的研究,以补充这些发现和原始数据收集,以更全面地了解商品及服务税对印度手工艺品行业可持续性的实际影响。
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