Goods and Services Tax and Kerala Economy

Kumar, Dr.B.Pradeep and Ramya, Dr.R (2017): Goods and Services Tax and Kerala Economy. Forthcoming in:

Abstract

GST has become a reality in India. GST is a comprehensive tax regime which heralds not only the dawn of a new era in the tax realm of the country, but also it ushers in a ‘behavioural change’ in the transactions that happen in the economy. Many countries have embraced GST as an efficient and profitable indirect tax system. GST bestows many benefits on economies in the form increasing indirect tax proceeds and enhancing the efficiency in economic activities. This paper discusses the pros and cons of implementing GST in India with special emphasis on Kerala Economy.

• Item Type: MPRA Paper
• Language: English
• Keywords: GST Council, SGST, CGST, IGST, Anti-Profiteering Authority, Input Tax Credit (ITC), GST Net Work (GSTN), GST Compliance Rating, GST Suvidha Providers, Place of Supply, Location of Supply, E-Way Bills, SGDP, Services, Dichotomized Tax System, Fiscal Federalism, Finance Commissions
• Subjects: H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H21 - Efficiency ; Optimal Taxation; H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H26 - Tax Evasion and Avoidance; H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H29 - Other

References

Agarwal, S. (2016). A Complete Guide Goods and Services Tax. Mumbai: Bloomsbury.

Kelkar, N. (2017, July 2). Rockey Start. The Week, pp. 52-54.

Patrick, M. (2016, August 9, 2016). All Eyes on GST: How will Kerala benefit? Retrieved from Kochi Post.

Sebastian, J. (2016). Goods and Services Tax: Rationale, Relevance and Implications for India's Fiscal Federalism. Thiruvananthapuram: ISDG.

Tax, C. (2017). Cear Tax Guru. Retrieved from www.cleartax.com/gst