Goods and Services Tax Act, 2017
GPTKB entity
Statements (71)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:administered_by |
gptkb:Goods_and_Services_Tax_Network
Central and State Governments |
| gptkbp:aims_to |
simplify tax structure
|
| gptkbp:applies_to |
goods and services
|
| gptkbp:consists_of |
CGST
IGST SGST |
| gptkbp:effective_date |
July 1, 2017
|
| gptkbp:enacted_by |
gptkb:Parliament_of_the_United_Kingdom
|
| gptkbp:establishes |
gptkb:GST_Council
|
| gptkbp:facilitates |
inter-state trade
|
| https://www.w3.org/2000/01/rdf-schema#label |
Goods and Services Tax Act, 2017
|
| gptkbp:includes |
exemptions
|
| gptkbp:introduced |
dual GST system
|
| gptkbp:is_applicable_to |
gptkb:India
|
| gptkbp:is_associated_with |
digital transformation
|
| gptkbp:is_criticized_for |
implementation challenges
|
| gptkbp:is_critiqued_by |
gptkb:lack_of_clarity
complexity opposition parties implementation delays |
| gptkbp:is_discussed_in |
gptkb:media
gptkb:academic_research conferences policy debates parliamentary sessions |
| gptkbp:is_evaluated_by |
economic impact
revenue generation administrative efficiency economic analysts compliance costs impact on small businesses |
| gptkbp:is_implemented_in |
state legislation
|
| gptkbp:is_influenced_by |
gptkb:public_opinion
global economic trends stakeholder feedback international tax practices |
| gptkbp:is_linked_to |
gptkb:business
gptkb:supply_chain_management consumer behavior economic growth financial reporting digital invoicing |
| gptkbp:is_monitored_by |
tax authorities
|
| gptkbp:is_part_of |
economic reforms
fiscal policy national policy framework Indian tax system |
| gptkbp:is_promoted_by |
government initiatives
|
| gptkbp:is_related_to |
tax compliance
indirect taxation |
| gptkbp:is_reviewed_by |
gptkb:GST_Council
|
| gptkbp:is_subject_to |
gptkb:Constitution
international agreements judicial review public scrutiny |
| gptkbp:is_supported_by |
gptkb:business
tax professionals trade associations government reports business advocacy groups |
| gptkbp:mandates |
GST returns
|
| gptkbp:promotes |
gptkb:Compliance_Management
|
| gptkbp:provides |
input tax credit
rate structure |
| gptkbp:reduces |
tax cascading
|
| gptkbp:replaces |
multiple indirect taxes
|
| gptkbp:requires |
GST registration
|
| gptkbp:bfsParent |
gptkb:Goods_and_Services_Tax_(GST)
|
| gptkbp:bfsLayer |
6
|