Home > Economics > Financial Economics > Volume-2 > Issue-5 > An Impact of GST on Textile Industry in India

An Impact of GST on Textile Industry in India

Call for Papers

Volume-5 | Issue-1

Last date : 27-Dec-2020

Best International Journal
Open Access | Peer Reviewed | Best International Journal | Indexing & IF | 24*7 Support | Dedicated Qualified Team | Rapid Publication Process | International Editor, Reviewer Board | Attractive User Interface with Easy Navigation

Journal Type : Open Access

Processing Charges : 700/- INR Only OR 25 USD (for foreign users)

Paper Publish : Within 2-4 Days after submitting

Submit Paper Online

For Author

IJTSRD Publication

Research Area


An Impact of GST on Textile Industry in India


Urvashi Gupta

https://doi.org/10.31142/ijtsrd17055



Urvashi Gupta "An Impact of GST on Textile Industry in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5, August 2018, pp.1634-1639, URL: https://www.ijtsrd.com/papers/ijtsrd17055.pdf

this paper is an investigation of what the effect of GST (Goods and Services Tax) will be on textile area. GST isn't just an expense change yet a business change as it will affect all elements of an association, for example, fund, item evaluating, store network, data innovation, contracts, ads and so forth. Therefore, it is basic that all these utilitarian groups ought to know about the GST. Be that as it may, the basic inquiry is what should these colleagues perused/allude for GST? There are blended reaction, inexplicit contentions and assessments among the Manufactures, dealers and society about the Goods and Services Tax (GST) to be actualized by Government of India. GST is a extensive, circuitous, multi-arrange, goal based expense that will be imposed on each esteem expansion. The products and ventures assess (GST) is gone for making a solitary bound together market that will straightforwardly influences all areas and segments of our economy. This is the greatest change proposed in the assessment administration of our nation after freedom. It is something that every one of us must comprehend as it will influence our lives in an extremely noteworthy way. France was the primary nation to present GST in 1954. Around the world, Very nearly 150 nations have presented GST in either frame since now. India has picked the Canadian model of double GST. Presentation of GST could considerably affect material industry. It is one of key area in Indian economy with an immediate linkage to the general development of Indian also, worldwide economy. Material assumes a noteworthy part in the Indian economy India’s textile market estimate measure in (USD billion). It contributes 14 for each penny to general record of modern creation (IIP) and 5 per penny to GDP. GST will acquire immense changes the material business of India. In this examination paper and I have begun with the presentation, as a rule of GST and have attempted to feature the targets the proposed GST is attempting to accomplish. From that point, I have talked about the old backhanded duty administration framework and at that point an exertion has been had to look at the effect on material part under GST administration lastly, the paper makes out a determination.

GST- Good and Service Tax, Indirect Tax and Textile Sector


IJTSRD17055
Volume-2 | Issue-5, August 2018
1634-1639
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

Thomson Reuters
Google Scholer
Academia.edu

ResearchBib
Scribd.com
archive

PdfSR
issuu
Slideshare

WorldJournalAlerts
Twitter
Linkedin