AN ANALYSIS OF GOODS AND SERVICES TAX – A NEW TAX REGIME IN INDIA

Goods and Services Tax is an outstanding reform taken place in the field of taxation in India. This article mainly targeting three objectives, firstly to focus on the most important filing of GSTR 1 and GSTR 3B in the GST system, secondly to analyse the tax collection through GST portal and finally examine the contributions of GST revenue from different categories of business. By analysing the related data, this paper furnished an idea about the implementation and policy related matters to foster the tax collection system of GST for enriching the fiscal management of Finance Ministry. This study is mainly basing upon secondary data and it is collected from the official website of GST. The collected data is analysed with help of Compounded Annual Growth Rate.