GOoDS

LRviCes
Tax
(95T)
kyusdi Siud
 HekNalengEMiENT
T LOoulpl Liko do expess_my sfecieA
dlaamk 9adihulodo nAyeales
M ubL? ONbra_Lwtho go naz_taa
ptoectlou dopi_GSL. tutichalbe hLJes

CaMme do Rmoo alrbuLA_Mavy nli

aon hLa_Hauk/al
eCpnall Lmuld al4o Lke _do dha1

mabks hut8S Kadowteole

 Coriticate
is dh certiinat TAusai S
Liolek au XT * has suczesnL
COabletiolLe Secseasol lebedblect
dusinsyca 2od.o-2L
Teaches Sialnaul ncibal Cyahse-
 INDEX
SNo Topic P-Uo Stanatu
Tbodutti
Ta Ces Rtlsud

3 yeTatu
"wwdu Gs T

Illushako
5 Lobiy ndo

Tllustahion in

u ar Cuot
wd GST
bas eGST

10 GST Tatoc 10
On GDP Ldia
INTRODUCTION
GST OGood and deuuiceTax"in a corfrabsusioe
indinect kbx wlich kas keplaced mau Radiract
oxabin Lodio Tha qpoods amd CauntCe ax ac
Lins ased n Hs hrliamet Cn 2gh maroh, 20#
h act cosuBato o4tet Gn ul luly, 20
GST haA bees icloautiial ne e_ho paot_inpekant
kaoral hot-hholepeudeuce

6ST iAa LingleZb ou d Arpley o gs0da

JEnices rip nd dh máiuachha,dala au
CBaLAuioa 9hods avd Sodtes STdaes anat
dilereiLate eireeu qpccls asaksehice Ts

GST hos uuriwnod nmulELle indyeoct Jase bke

Lxcis duty, Jouse kaablactiapnultisl lax
louil louencDaai Lnualio 'asistiop
iditeil_dad stultw.aud LkeaktuyelheleucLes

Jersba LattyLook Lea kegisteroelTasap

udes GSL
 TAXES KEPIRCED By ST
Earlitr lee wee multlle faxc suthas bnutsea
EcesCeMAe hKSAele VAT, etc. Hautse,usde
GST Jere isfus out lax GSLiLaategorised
CGSTCGSL,UTGST 2 1GST'daberoliA On utee into
Le Hamsackioa k ZnksQ-late
Juter-Slate

Slate laxe utal late!

Skal alue Aldlid
laxCals lay uttalbAcise duty

Splcial_adohbioral
Eudeaainniead lax
Adoukual tush Du
bebting asap 9aLL
(Adoiioal ixcise Dt
Cctnol amd huneLasu lox
SeruideTar
 VAVAVAVAYAAVAVA
VVAV

Tyres ofTAXES UNDER

O
he
teAlaies lQAnLeo umole GLI o
G57
Cetral Gaods amd
GSTlesLd 0
Hs
Rerwice hx lCGS1)TE
hatha-Slale LeAy de
DSlate Gpods anol
Sleld Sounices lax (iST)
QODoL Daa
Lerdces byHe_Ldate
He Juha-SlateJu_de
se
l lwion lenuony
Gpools_amasehuaice lax (IGsI
QpOcy 2
seice_tat kke Llace
)atcapmated Gpol ama ermiceA
Tax l14sT u

On all
ILUSTRATION
letsumder Lbaud HaCDuCep lGIT, 9GLL 2d
JGS_uwid dhe hellA Jolloipxale dhe
Ltanslate Sal ShaK, Aooil a lhalu lu
Gujrat sedlls gbbd dD mayae ia lpujxat
uaHs21000D he hali ltYcoidad
L4 a t a c 47 aadd SGS ale e 1/ de
Licl acasl Anit coloeta GeTo 2LBÓO2 w
00ail4o_do H Lesba LosenmLtad
900 10ilL Cho do Has yirai pinmeasl
2Lvcdo -lato aleiS4hoe Aot o buiprat sel
ace
LAL LuCL bLast Apat lhas do.coo K00

Jo cata

LIAB1LITY UNDER (ST

udn.uGSL keione, Lialality_do_ hay dax.arise
LtenDbeise oLBsesdar dtuanakaal LeLlndd
E20lak except in cepkaln heclazel cases bese e
hasnelcCkosod Ha Haresllall Lnoit e CGSSA
pogal-lu_an allmlta iedr kefpiL cod
 ILLUS TRATION
2let cw LAleidand
ebelpok alledlyde lon.cep
eaneole Lkut lax
buut x es
ws
Snse 1 Aale
ellius 9one n abaShate
(abdal >AA Loiesk
uoihin
caiedl da aba-skatie_ lurfa
PRajtsla las d clhange_
Gohal in cdduicLm dn CoST e2 24SO
Yle Sale wLe
1
askeunaat kajosk ha 1onpd
oinbdax Credt
2d dal iu ax Lrco
indeAkate> utea obal of hu
anded as ict-Atato jalLGST
clarjdENA
Cosiolthld
CGST
Loepda it LoiL hd
as aon inta
9% Dntd SGsI date Lele ad_
hefk
9 ollhe
alerel
 INPoT TAx CREDIT UNDERUST
>but- tax cropliMeanA coluc dle daxe bald a
blisOn daxo8 do be paid Onl Outpu euaw
L 4ehicEA O goool! a LBhliLol doa
adle osd, dha GS harys 1dKanouln
as
Jabut lo TLa u4hle ataaklh Llape j peppaitlad
do avnil Crodi ahsT haid @u he
eGord and spuNcls / lcau selea Judekas
Lagain Ha GST ogalte on lhLebpl
gebil eaiceA _h oadle by Le TulHo
Jnal coni wnne) b2ars_
YclonJeol hu le
lalt Lupble in ne Aueply clasn
beALa lat all_ Ha_beeinious Ahje oit dey-
HeuutL, dA
L ueuiL a aNoidi doulle lasatidnuDdoled
Thutax Ceolt aLa and
SGSI/DTGNL LA
auniiaHe HanouLout Hi Auphly elaid
bui LHOL
4pt boible eDM LGN[ CHedit canubt be
utilio dar pmyment e SGSLLUIGST
Lrdtaulnt be iseA annd SGLTUlgI
HouOeuDh CHOA Ulisatea A
alloeal
CGSI/SGSI/ LIGST aud Ih/i etuea
Auolt TST
TGSI asne iP-VenNA
 PROS OF C7ST
GoT oLe beanedodsdo dhe 90uenbmeaut
Q0uehnmeaut_dheinduby
dha indut
go0a&AehaiCeL i4 act éerjeeted b
CiRN a
gacduce
haalHy pr0duetaMdAeDAÁbeAA,
Omako Lvdiad bent ZL aLo ex
patod
Lndehnahionally
be10etAa GLT GeCoockoti elLe ALaificau
A aificaa
diCLd heeehere wsduLe
bds
1Elloninatiea e LAble_ laxes
muiltapAe inditootbxelGI wiL
es elinrd
ich Lulll nat he
a d e) bblicalDle awd
CRymanAupx cal GS al a t i e
Eay Comlauce
AJAlusand
HeGS tesm in Corbolensiv
udia henegpre, all
do Ja ne
anling
seApNCe
La aan haApaPen utucA
LOQuldpna Pa CAopoNez
3 Lacnpase
in RauneaasL
all indireet GST uw rollaee
Tucnene bn Doluct t aALs Lola
kmhle_dax
deaanasnel wU
cAAutol gaeanent ltinaa taly
 ONS OF OST

AectesLke lestile
lBsdlusb dax
UOLLL-
ates
pa lou
Patoe
lnAun Lol 1ncan se
2) Regiateno dhe price A
hon in pal qpd
Multzle
usènoR_ late GST
Alates dhly anl o 3.AlL spuiAl
lnc2022 lho budencberah in _ii allHe
Tu
ocolliamoe uOÍA
ax hotuhm o busmod L
ax alheasy LANck Hoe
n GST
i AeB iMCbO2atLa pxciL, VAT and
Jeam ndoean hese cLaakMice
)Cetlio) Somnice do
clhamp_hei RE
aA mu De he Aehanice ax
suc000 Hopa cod Loi waich
elcom MdALhAMLed Lae ecD GSTat 1E 6.
mAuh@mp no bankiu CoxtiO) w AA
hmajsnl4alecha olectesMoj82L
hCtralumlg_ ape_a e Zlact
nacOl laiol
o_GAT Za ob
 LN INoIA
GST IMPACT TON GDP
h e s i n m c h d a t e n a n n e d
doeliminad
bx
u
2he lad
Loducl4audACANdeLaupliluil
calcaoliyheckof
uhoaaaklatin,

Su2sMk
a
nauailakuuty.ofhHoluctA10dehndeAi
Jehti
iesJeetal

loures.prtce. þoolciOa
-CovnsLssnelak

hacroasy
ull he Jelkkul e
laatil hauk huges
urtidapmay

auouhol.astio
LacheleaeJha GDP
hecPrdod atL3% nIn ae
Ldio'AGDPhas heDan aLos2lpacmacl

LLd qastesof 2012, LwiHa

iDuA9uAadk

ypa 201-Lo2.3le anio 1 S Ia adnelal

20/g-1 aMd inaanCal yea 2019-20 yesheckiel
LAca

wh IbendahbaeGS, eshaska 4c0olaMo

LerCei uoll bepnde corpetidinebecaus
Cascaoliy elfeet
e t
a Kes
ases
D gocal1aaalJroalu
 ONCLUSION
lhe g0uenmel
2Chamg is dlalini tly nees 2aY_ GLT
i s 0Lyiap Uo Angholen dee LTDad
hou ololal
i s BALAAant do dake alaa
nc LCOm0Ai a t hae lorp l é p r e t e l GI
ZlewnemtGer_m 1954) aud
Cchumtry b
wtho
basspa
lax
lax a
LhoditA
1) Costlie

elpcos
 NAAAVAANAVANAVA

p V N N Y A V A A A

Bibio@noplug
cko wOW. JclLL COn
) wwh) couonnicA LudoAes ceu
3 wWL 0KpLola: COu

NCERT Lconomics Book

GST
stlie