A Study on Impact of Gst in Agricultural Sector

Annamithra.C ,M.Dinesh
Keywords: Agriculture Sector, Gross Domestic Product, Indirect Tax, Exporter, Business ,

Abstract

India is a condition of ranchers with the agriculture zone contributing a monstrous bite of the monetary framework. The Ministry of Finance excluded GST for Small scope agriculture and for limit of the straightforward produce purchased in shining shape in all actuality do now never again tempt any GST. Notwithstanding, GST enlistment and GST consistency can be compulsory for enormous scope ranchers and organizations stressed in agriculture.The GST desires to make an unmarried countrywide commercial center in India. The looming execution of Goods and Services Tax (GST) is anticipated to achieve additional straightforwardness, a drift of credit, and diminished change deterrents according to a tax point of view. This GST has been executed. The agriculture zone is a totally inescapable zone withinside the increment of the Indian monetary framework. India is among the greatest maker and exporter of horticultural products comprehensive of wheat, rice, sugarcane, and flavors withinside the world. The GST has been thought about as one of the greatest inescapable changes withinside the Indian tax gadget because of the reality of freedom. The primary data which has been analysed using Frequencies, SPSS. The secondary data is collected from journals, articles, e-sources and books. An empirical study is done where the samples are collected by using probability sampling and convenient sampling methods. Samples of approximately 200 respondents are collected. The findings were that there is an association between the respondents about the GST rate on agriculture.The outcome from the graphs shows that the small scale holders are affected. The aim of the research is to know about impacts of GST on the agriculture sector. The conclusion of this study is that there is a positive impact of GST in the agriculture sector.