Implication of Goods and Services Tax (GST) Implementation in India on Foreign Trade

نویسندگان

چکیده

The aim of this research is to assess the impact GST on India’s foreign trade. Bill implemented simplify complex tax system, allow commodities move effortlessly across state borders, reduce evasion, enhance compliance, raise revenues, encourage growth, boost exports, and attract investors by making it easier conduct business in India. author uses following methods scientific research: Augmented Dickey-Fuller (ADF) for unit root tests, Johansen-Juselius (JJ) co-integration analysis Vector Error Correction (VECM) Model short run long imports exports from July 2017 June 2021. findings concluded that increases goods services both run. VECM model’s test statistics reveal rose after imposition GST. Because emergence a uniform national market has simplified commercial operations Future studies effects introduction can examine trade or commodities.

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ژورنال

عنوان ژورنال: Finansy: teoriâ i praktika

سال: 2022

ISSN: ['2587-5671', '2587-7089']

DOI: https://doi.org/10.26794/2587-5671-2022-26-3-241-251