• SIDDESHREDDY K R

India became "One Nation, One Tax" when the Goods and Services Tax went into effect on July 1st, 2017. The GST Council and the Indian government made an effort to evaluate and examine the overall effects of the GST on the economy's many sectors and taxpayers. To date, the government has made more than 2000 changes to ensure the GST system is implemented effectively and that taxes are collected. In order to ensure smooth operations and revitalise future tax policy, the administration is also soliciting reports from state governments and other external authorities. The total amount of GSTS collected and its effects on different areas of the Indian economy have been reported in a number of periodicals produced by the GST Council and the Ministry of Finance of the Government of India. Measures for the effects of GST on several sectors of the Indian economy, including the manufacturing and service sectors, have been clarified by some research studies. These studies also emphasised the problems and difficulties that existed both before and after the GST was put into effect. The largest tax change in India after independence is the Goods and Services Tax, which has a significant impact on the operations of Indian manufacturers, retailers, consumers, and others. According to a report released by the GST Council in March 2020, 86% of merchants or traders were GST registered traders, accounting for 16% of total GST revenue. Considering their business size and GST collection contribution, these traders face a heavy compliance burden. The effect of GST on traders (suppliers of goods and services) and their problems and difficulties under the GST regime have not been extensively studied. Thus, the current study evaluates how the Goods and Services Tax affects traders. The traders of goods in Maharashtra State's Jalgaon District are regarded as respondents for this research study due to the consistency of GST laws throughout India. The important players involved in indirect taxation in India will be addressed by this study, which does not just focus on traders but also on tax practitioners, consumers, and tax policy makers. Small and marginal traders, GST-registered MSMEs, consumers, tax professionals, and tax policy makers would all benefit from the current study's findings.

"AN EVALUATION OF THE EFFECT OF GOODS AND SERVICES TAX IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 3, page no.616-620, March-2019, Available :http://www.jetir.org/papers/JETIR1903P79.pdf

"AN EVALUATION OF THE EFFECT OF GOODS AND SERVICES TAX IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 3, page no. pp616-620, March-2019, Available at : http://www.jetir.org/papers/JETIR1903P79.pdf