*Assistant Professor, Department of Commerce, Guru Ghasidas Vishwavidyalya, Bilaspur, Chhattisgarh, India. bpsinghraul@gmail.com
**Research Scholar, Department of Commerce, Guru Ghasidas Vishwavidyalya, Bilaspur, Chhattisgarh, India. yogeeta.banjara@gmail.com
Online published on 15 June, 2017.
Introduction of Goods and Services Tax (GST) in India is a milestone of Indian taxation system. GST is the replacement of existing indirect tax structure into one single method of tax calculation which is directly linked with the manufacturer, distribution and sales of goods and Services in India. The Objectives of the study are to evaluate the difference of current indirect tax system and upcoming GST in India to understand that the effects and the benefits of Goods and Service Tax on various sectors in India.
Excise Duty, Service Tax, Sales Tax, Customs Duty, Entertainment Tax, Goods and Service Tax
