Research
Impact of Goods and Service Tax after Implementation
Before implementation of GST in India, Government of India collected indirect taxes in the various names. Direct tax is mostly define clearly to tax payer, but indirect tax does not define clearly because it collected by government to each stage manufacturer to customer. For clearing of indirect tax government of India introduced biggest tax reforms after independence since 1947 in the name of GST. After implementing of GST in India, there are several issues arises in front of the GOI, Professionals, business man and even customers. These are the issues highlighted in this paper
Issues Arises after Implementation of GST in India
After independence of India the biggest reform of indirect taxation is GST. It was supposed to be implemented from April 2010, but due to economic and political reasons it was long pending. After implantation of GST on 1st July 2017 there are lot of issues arises in the ground level. This paper is highlighting the challenges faced by Government of India after implementation.
