Title: Goods and Service Tax in India: the changing facing of economyYear: 2010

Authors: Shilpa Parkhi
Journal: Journal of Development Research
Publication date: 2010
Publisher: --
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This paper is an outcome of an exploratory research carried out by researcher to understand the concept of Goods and Service Tax (GST), to be implemented in India. This changing face of Indian taxation is the way towards which developing country like India should head for. Basic objective of the study is to understand the present structure of Indirect Taxes, such as Central Excise, VAT, Central Sales Tax, Service tax etc and the method of levy and collection of GST. With federal system of levy and collection of taxes there any many point in supply chain where taxes are levied and collected which is going to be replaced with single point tax in the form of GST. Descriptive statistical tools are used to analyse and interpret the data collected through secondary sources such as official web sites of Government. Keywords: Indirect Taxes, Federal tax structure, Goods and Service Tax (GST), Road map for India.