IMPACT OF GST ON GDP

Abstract

GST is a tax structure that subsumed all indirect taxes of State and Central government. GDP is the sum of the market value, or prices, of all final goods and services produced in an economy during the period of time. The study seeks to evaluate the imp act of GST on Gross Domestic Product of the economy .The overall study is done with the analysis of secondary data. The findings of the study shows that there exist a negative correlation between Pre GST and Post GST growth of GDP. GST on the long-run is likely to create a positive imp act on GDP