An analytical approach towards examining goods and service tax in india

Abstract

The implementation of Goods and Service Tax in the Indian economy by the Narendra Modi government happens to be one of the largest economic reforms witnessed by the Indian economy to date. The Goods and Service Taxation system as adopted by the Indian government proposes a unified taxation system thereby promoting the One Nation, One Tax notion. It is further bifurcated into different types of itself including Central GST, State GST, and Integrated GST. It also has an additional category that is specially levied on the Union Territories of India namely Union Territory GST. The following research paper aims to study the interrelationship between the Integrated Goods and Service Tax subsumed under the Central Goods and Service Tax of different states of the Indian Subcontinent. It aims to explore the unexplored section of the GST regime in India.