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The Effect of the GST on Indian Growth

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Abstract

This note first documents India's current tax system and describes the changes approved under the new GST legislation. Second, it analyzes the impact of the new GST on Indian GDP and welfare through the impact on domestic and international trade. Finally, this note examines the sensitivity of the growth and welfare outcomes under an alternative scenario of the GST bill.

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  • Eva Van Leemput & Ellen A. Wiencek, 2017. "The Effect of the GST on Indian Growth," IFDP Notes 2017-03-24-1, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgin:2017-03-24-1
    DOI: 10.17016/2573-2129.29
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    File URL: https://www.federalreserve.gov/econres/notes/ifdp-notes/effect-of-the-gst-on-indian-growth-20170324.html
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    Cited by:

    1. Boffa,Mauro & Varela,Gonzalo J., 2019. "Integration and Price Transmission in Key Food Commodity Markets in India," Policy Research Working Paper Series 8755, The World Bank.
    2. R, Revathi & L. M., Madhushree & Aithal, Sreeramana, 2019. "Review on Global Implications of Goods and Service Tax and its Indian Scenario," MPRA Paper 95152, University Library of Munich, Germany.

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