• Dr. Govind M. Dhinaiya
• Dr. Mital C. Shingala

GST is a blanket of Indirect Tax that will subsume several indirect state and federal taxes such as Value Added Tax (VAT) and Excise Duty and different State Taxes, Central Surcharges, Entertainment Tax, Luxury Tax and many more. It is expected to remove all problems of indirect tax system and play important role in growth of India. This paper presents impact of Goods & Services Tax in Indian Economy. The impact of GST measured on overall economic indicators (GDP, Growth Rate, Import, Export, CPI and WPI) and four selected sectors like Agriculture, Manufacturing, Construction and Transportation. Paired T test has been conducted to measure the performance before and after introduction of GST. There is significant impact found in GDP, Growth Rate, Export, Agriculture, Manufacturing, and Construction whereas Import, CPI, WPI and transportation has no significant improvement after GST was introduced.

Economic Indicator, GST, Indirect taxes

"IMPACT OF GST ON INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 1, page no.1633-1638, January-2018, Available :http://www.jetir.org/papers/JETIR1801285.pdf

"IMPACT OF GST ON INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 1, page no. pp1633-1638, January-2018, Available at : http://www.jetir.org/papers/JETIR1801285.pdf