GOODS AND SERVICES TAX IMPLEMENTATION CHALLENGES

VINITA SHARMA; TAZEEN HUSSAIN; MANALI VIJAYVARGIA

GOODS AND SERVICES TAX IMPLEMENTATION CHALLENGES

July 2021

Vol-7, Issue-4

Paper ID: 14962

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

COMMERCE

Keywords

GST ITC SGCT CGST IGST UTGST CASCADING MSM

Abstract

Goods and services tax truly watershed event in the history of taxation in india. GST replace the complex regime of indirect taxes that we have levied since independence with a much simpler tax regime. GST eliminate cascading effect and increase tax share in GDP. Indian economy facing short term challenges in implementation. This article highlight the aspects such as concept of GST, objectives of study, subsume taxes in one basket, tax structures and tax rates under new regime,benefits, highlight challenges ahead, conclusion and suggestions.

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Author Information

#	Name	Institute / Affiliation
1	VINITA SHARMA	Department of Banking and Business Economics, University College of Commerce and Management Studies,Mohanlal Sukhadia University, Udaipur, Rajasthan, India
2	TAZEEN HUSSAIN	Department of Accountancy and Business Statistics, University College of Commerce and Management Studies, Mohanlal Sukhadia UniversityUdaipur,Rajasthan, India
3	MANALI VIJAYVARGIA	Department of Accountancy and Business Statistics, M.L.V. Govt. College, Bhilwara, Maharshi Dayanand Saraswati University, Ajmer, Rajasthan, India

How to Cite

Use the following formats to cite this article in your research.

APA Style

SHARMA, VINITA, HUSSAIN, TAZEEN, & VIJAYVARGIA, MANALI (2021). GOODS AND SERVICES TAX IMPLEMENTATION CHALLENGES. International Journal of Advance Research and Innovative Ideas In Education, 7(4), 715-718.

MLA Style

SHARMA, VINITA, et al. "GOODS AND SERVICES TAX IMPLEMENTATION CHALLENGES." International Journal of Advance Research and Innovative Ideas In Education, vol. 7, no. 4, 2021, pp. 715-718.

IEEE Style

VINITA SHARMA, TAZEEN HUSSAIN, and MANALI VIJAYVARGIA, "GOODS AND SERVICES TAX IMPLEMENTATION CHALLENGES," International Journal of Advance Research and Innovative Ideas In Education, vol. 7, no. 4, pp. 715-718, 2021.

Vancouver Style

SHARMA VINITA, HUSSAIN TAZEEN, VIJAYVARGIA MANALI. GOODS AND SERVICES TAX IMPLEMENTATION CHALLENGES. International Journal of Advance Research and Innovative Ideas In Education. 2021;7(4):715-718.

Harvard Style

SHARMA, VINITA, HUSSAIN, TAZEEN, & VIJAYVARGIA, MANALI (2021) 'GOODS AND SERVICES TAX IMPLEMENTATION CHALLENGES', International Journal of Advance Research and Innovative Ideas In Education, 7(4), pp. 715-718.

Chicago Style

SHARMA, VINITA, TAZEEN HUSSAIN, and MANALI VIJAYVARGIA. "GOODS AND SERVICES TAX IMPLEMENTATION CHALLENGES." International Journal of Advance Research and Innovative Ideas In Education 7, no. 4 (2021): 715-718.

Turabian Style

SHARMA, VINITA, TAZEEN HUSSAIN, and MANALI VIJAYVARGIA. "GOODS AND SERVICES TAX IMPLEMENTATION CHALLENGES." International Journal of Advance Research and Innovative Ideas In Education 7, no. 4 (2021): 715-718.