Title: Impact of goods and services tax on various sectors of Indian economy: a systematic literature review

Authors: Taru Maheshwari; Mukta Mani

Addresses: Jaypee Business School, Noida, India ' Jaypee Institute of Information Technology, Noida, India

Abstract: The study has reviewed the existent literature on the effect of good and services tax (GST) on various sectors of the Indian economy. The purpose of the study is to analyse the findings of the number of studies which have been published for different sectors, so as to be able to present a broad picture about the influence of GST on various sectors in the country. A systematic literature review has been performed based on 114 studies by focusing on the findings of the papers. The result of the paper highlights the impact of GST on 14 sectors of the Indian economy and it has been envisaged that GST has a positive effect on agriculture, automobile, healthcare, logistics, manufacturing, retail and textile sector. Insurance and power sectors are negatively affected. Banking, FMCG, IT, e-commerce and real estate sector have mixed effect.

Keywords: good and services tax; GST; sectors; systematic literature review; indirect tax reform; synthesis; India.

DOI: 10.1504/IJEPEE.2023.132533

International Journal of Economic Policy in Emerging Economies, 2023 Vol.17 No.4, pp.539 - 555

Received: 27 May 2020
Accepted: 28 Oct 2020
Published online: 27 Jul 2023 *

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