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IMPACT OF GST ON TOURISM SECTOR

Author

K.Rithu Varjitha

BA.LLB(Hons)

Saveetha School Of Law

SAVEETHA INSTITUTE OF MEDICAL AND TECHNICAL SCIENCES (SIMATS)

REG NO. : 131801089

Co-author

M.Dhinesh

Assistant Professor

Saveetha School Of Law

SAVEETHA INSTITUTE OF MEDICAL AND TECHNICAL SCIENCES (SIMATS)

Abstract:

Tourism represents the world's third largest export avenue in terms of global earnings after fuel and chemicals.Modern tourism is closely linked to socio-economic development.The objective of my study to understand the impact of the GST regime on the travel companies.I have collected 200 sample size through online.The research method is socio legal research.The independent variables are Age,Gender and educational qualification and the dependent variables are the introduction of the GST impacted the tourism sector.This study has been undertaken to investigate the impact of GST on the tourism industry of Agra and the variables on which the introduction of GST had changed the business operations in Agra. The research has been done by the use of primary data from the source of the city of Agra and have taken the responses of businesses and tourism company owners to rule out if there was any impact of GST after its introduction in 2017.Tourism is the process and technique of spending time away from home in search for pleasure, recreation and relaxation while making full use of the travel arrangement of administrations. In that capacity, the travel industry is an outcome of today’s social arrangements, starting in Western Europe in the seventeenth century, in spite of the fact that it has precursors in Classical vestige.Tourism is regularly observed as a worldwide marvel with a boundlessly gigantic infrastructure.. Its significance is apparent from the way that its impact thoroughly penetrates society, politics, culture and, most importantly, the economy.

KEYWORDS:

Tourism,socio-economic development,global earnings,travel companies and sector.