THE IMPACT OF GOODS AND SERVICES TAX (GST) IN INDIA

AUTHOR – NITIN SINGH* & DR. ROHIT KUMAR SHUKLA**

* STUDENT, AMITY UNIVERSITY

** ASSISTANT PROFESSOR, AMITY UNIVERSITY

BEST CITATION – NITIN SINGH & DR. ROHIT KUMAR SHUKLA, THE IMPACT OF GOODS AND SERVICES TAX (GST) IN INDIA, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (7) OF 2025, PG. 180-184, APIS – 3920 – 0001 & ISSN – 2583-2344

Abstract:

The Goods and Services Tax (GST), which went into effect on July 1, 2017, greatly impacted India’s indirect tax structure. It was implemented with the intention of simplifying the nation’s complicated tax structure into a single system, which would eliminate cascading taxes, establish a common national market, and facilitate corporate transactions. In order to evaluate the impact of the GST on the Indian economy, this essay looks at the objectives, implementation, effects on different sectors, and challenges faced. The paper, which is about 3000 pages long, offers a thorough grasp of how the GST affects sectoral efficiency, tax compliance, economic growth, and the future of tax changes.