Under the Pre Gst Regime, Central and State Government Have Levied Multiple Taxes on the Same
Supply Chain. There Was Cascading Effect of Taxes, As Taxes Levied By the Central Government, Were Not
Allowed As Set Off Against the Taxes Levied By State Government. In the View of the Above Difficulties, The
Certain Taxes Have Been Subsumed In a One Tax Called the Goods and Service Tax (Gst). Automobile
Industry In India Is One Among the Most Victorious and Rising Manufacturing Industry After Liberalization.
The Industry Has Prospective to Grow and Become a Most Important Contributor For the Economic
Development and Employment Formation. the Indian Government Has Also Identified the Need For
Automobile Industry In the Indian Economy and Is Currently Functioning on Automotive Mission Plan 2026.
The Automobile Industry Produces Commercial Vehicles, Passenger‘S Cars, and Three and Two-Wheeler.By
The Outline of Gst, Where All the Taxes Are Subsumed into One, It Becomes Necessary to Foresee The
Impact of Gst on This Industry. This Paper Covers the Overall Impact of Gst on Automobile Sector In
India.