Corollary of GST on Foreign Trade Policy
| Vol-3 | Issue-12 | December 2018 | Published Online: 10 December 2018 PDF ( 291 KB ) | ||
| Author(s) | ||
| Nithin JB 1; Sathwik KP 2; Shini Rose MD 3 | ||
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1BCOM (F&A) Final Year Student, Department of Professional Studies, Christ University, Bangalore (India) 2BCOM (F&A) Final Year Student, Department of Professional Studies, Christ University, Bangalore (India) 3BCOM (F&A) Final Year Student, Department of Professional Studies, Christ University, Bangalore (India) |
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| Abstract | ||
In this paper, we are going to study about the major impacts of GST on foreign trade. GST being one of the greatest reforms in the field of indirect tax made an impact on lot of sectors such as tea, coffee, spices, iron and steel and financial sectors. The implementation of GST focused on increase in output, which in turn increase the export of India and provided tax benefits. Working capital of some of the major 100% export oriented companies had a downfall due to the unorganized refund system. In this paper, through graphical representation, we concluded that it was a positive impact on the export of the country. |
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| Keywords | ||
| Export, Import, And 100% Export Oriented Units, Zero Rated Supply | ||
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