International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Exploring the Multifaceted Impact of Goods and Services Tax (GST): A Secondary Data Analysis Approach

Author(s) Revathi B, Anitha P, Hemavathi J
Country India
Abstract This paper provides a comprehensive analysis of the implications of Goods and Services Tax (GST) on various aspects of the economy, focusing specifically on trade dynamics, export competitiveness, and cross-border transactions. Through evidence-based examination, the study explores how GST reforms have streamlined trade procedures, enhanced market integration, and influenced cross-border transactions. It evaluates the impact of GST on export competitiveness, highlighting improvements in cost competitiveness for exporters and challenges related to compliance and administrative procedures. Additionally, the study examines the implications of GST on trade infrastructure, import decisions, and trade flows, emphasizing the importance of investing in trade infrastructure to enhance efficiency and facilitate smoother cross-border transactions. Evidence-based policy recommendations are provided to address implementation challenges, enhance competitiveness, and promote inclusive growth. Overall, this study contributes to informing strategic decision-making for policymakers, businesses, and stakeholders involved in international trade, emphasizing the significance of GST as a transformative policy measure with wide-ranging implications for India's integration into global markets and economic development.
Keywords Goods and Services Tax (GST), trade dynamics, export competitiveness, cross-border transactions, trade infrastructure, implementation challenges, policy recommendations, economic development.
Field Business Administration
Published In Volume 6, Issue 2, March-April 2024
Published On 2024-04-06
Cite This Exploring the Multifaceted Impact of Goods and Services Tax (GST): A Secondary Data Analysis Approach - Revathi B, Anitha P, Hemavathi J - IJFMR Volume 6, Issue 2, March-April 2024. DOI 10.36948/ijfmr.2024.v06i02.16071
DOI https://doi.org/10.36948/ijfmr.2024.v06i02.16071
Short DOI https://doi.org/gtp8m4
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