Growth of Goods and Services Tax in India- A Study of Revenue Generated 2019-2023

Abstract

The concept of goods and services tax is one of the biggest revolutions in decades around the world. The GST is a biggest and substantial indirect tax reform since 1947. The main idea of GST is to replace the existing the taxes like value added tax, excise duty, service tax and sales tax. it will levied on the manufacture and sale and consumption of goods and services. The structure of the GST results in uniting the country economically. The main objective of this research is to investigate the revenue collection of goods and service tax month wise and its growth. The study used only secondary data. The study used to descriptive statistical tools and inferential statistical tools used. these results of study indicated that growth of the GST collection yearly.