Open Access
Kumaraswamy Mora
- Research Scholar Badruka College of Commerce and Arts Kachiguda, Hyderabad. Telangana India
Abstract
The COVID period is a good lesson to all the categories of society. It is not an exception to the government too. In connection with the collection of revenues in the form of taxes become difficult for the concerned authorities during the pandemic. The collection of Goods and Services Tax (GST) would too be impacted due to the coronavirus spread in the country, this leads the disruptions in the production and economy. In our country, the federal governments are dependent on the collections of indirect and direct taxes. In relation to GST both the governments, central and state lost a lot of revenue collection with the pandemic situation, all most all majority of states got affected due to shortage of revenue. The present paper is going to describe the comparative analysis of Goods and Services Tax of Integrated Goods and Services Tax (IGST), Central Goods and Services Tax (CGST), and State Goods and Services Tax (SGST) for the period of June 2020 to March 2021 with June 2019 to March 2020.
Keywords: Pandemic, GST, IGST, CGST, SGST
[This article belongs to NOLEGEIN Journal of Corporate & Business Laws(njcbl)]
Browse Figures
References
1. Jaswante NW. Goods and Services Tax Effects and Benefits. Vidyabarati Int Interdiscip Res J. 2017; 6(1): 101–103. ISSN NO: 2319–4979.
2. Parate DP. Goods and Services Tax: Impact, Challenges and Opportunities. Vidyabarati Int Interdiscip Res J. 2017; 6(1): 104–106. ISSN NO: 2319–4979.
3. Sakharam Mujalde, Avi Vani. Goods and Services Tax and its Outcome in India. J Madhya Pradesh Eco Assoc. 2017; 27(1). ISSN NO: 2277–1123.
4. Cham Tat Huei, et al. Consumers’ Perception towards the Implementation of Goods and Services Tax in Malaysia: A Review Paper. J Global Bus Soc Entrepreneurship. 2017; 1(4): 17–23. ISSN NO: 24621714.
5. Bikram P. The Proposed GST and Indian Economy. Int J Interdiscip Res Sci Soc Culture. 2017; 3(1): 65–71. ISSN NO: 2395–4345 (print), 2455–2909 (online).
6. Chandrasekaran N, et al. Goods and Services Tax and Training for its Implementation in India: A Perspective. ICTACT J Manag Stud. 2017; 3(2): 511–514. ISSN NO: 2395–1664.
7. Nurul Mardhiah Harun, et al. The Impact of GST on the Spending Pattern of Students from the Faculty of Accountancy, Uitm Duncak Alam Selangor. Adv Bus Res Int J. 2016; 14–31.
8. Woodward, et al. GST Compliance in New Zealand: A Comparative Study of Taxpayers in the primary and Traders Sectors. A Research Publication, 2015.
9. Bansal A. GST Rollout, A Revolutionary Step towards Strengthening Economy of India. Int J Res Eco Soc Sci. 2017; 7(5): 156–164. ISSN NO: 2249–7382 (online).
NOLEGEIN Journal of Corporate & Business Laws
| Volume | 4 |
| Issue | 2 |
| Received | September 23, 2021 |
| Accepted | November 11, 2021 |
| Published | January 11, 2023 |