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GST Law, 2017 - An Overview And Analysis




Adv. Rutuja B. Pathare, LL.M., Symbiosis Law School, Symbiosis International (Deemed University), Pune


ABSTRACT


Around the world, the Goods and Services Tax (GST) regime has become a revolutionary tax system with the goal of promoting economic growth and streamlining indirect taxation. This abstract offers a thorough analysis of the GST law, looking at its guiding ideas, organizational framework, and effects on the economy and business community. When the Goods and Services Tax (GST) was first implemented in India in 2017, it marked a shift from the previous multi-tiered tax structure in favour of a single tax system that included both goods and services. This abstract provides insightful information about how the GST law operates, emphasizing how it drives economic growth and harmonizes fiscal policy in the current multinational tax system.

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Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

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All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

 

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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