GOODS AND SERVICE TAX (GST) IMPACT OFE-COMMERCE IN INDIANECONOMY

Mrs. Priya Anand; Dr. T M Bhraguram

doi:10.53555/eijbms.v3i2.27

Authors

Mrs. Priya Anand Lecturer, Department of Commerce Sri Sankara College, Kalady Ernakulam, Cochin, India.
Dr. T M Bhraguram Assistant Professor, Department of IT Shinas College of Technology

DOI:

https://doi.org/10.53555/eijbms.v3i2.27

Keywords:

GST, Economy, Goods, Service Tax, Indian economy

Abstract

Web based business significantly affects business expenses and efficiency. Web based business has an opportunity to begenerally received because of its straightforward applications. In this manner it has a substantial financial effect. It givesthe open door for "limit crossing" as new participants, plans of action, and changes in innovation disintegrate thehindrances that used to separate one industry from another. This increments rivalry and development, which are probablygoing to lift general monetary productivity. GST otherwise called the Goods and Services Tax is characterized as thegoliath roundabout expense structure intended to support and upgrade the monetary development of a nation. More than150 nations have actualized GST up untilthis point. Nonetheless, the possibility of GST in India was mooted by Vajpayeegovernment in 2000 and the protected alteration for the same was gone by the Loksabha on sixth May 2015 however isyet to be confirmed by the Rajyasabha. Be that as it may, there is a gigantic shout against its usage. It is fascinating to
comprehend why this proposed GST administration may hamper the development and improvement of the nation.

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GOODS AND SERVICE TAX (GST) IMPACT OFE-COMMERCE IN INDIANECONOMY

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