{"product_id":"economics-of-value-added-tax","title":"Economics of Value Added Tax","description":"\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eDETAILS : \u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eAuthor: M.P. Shrivastava\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003ePublisher: ‎ APH Publishing Corporation\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003ePublication date: ‎ 1 December 2004\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003eLanguage: ‎ English\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003ePrint length: ‎ 270 pages\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003eISBN-10: ‎ 8176486612\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003eISBN-13: ‎ 978-8176486613\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003eItem Weight: ‎ 400  g\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eABOUT THE BOOK\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eEconomics of Value Added Tax (VAT)\u003c\/b\u003e, co-authored by Mohan Prasad Shrivastava alongside S.R. Singh and Satyendra Kumar Gupta, is a seminal economic text and policy critique analyzing the structural transformation of India's indirect taxation framework. Published by \u003cb\u003eAPH Publishing Corporation\u003c\/b\u003e, this timely volume captures the critical historical transition phase when India was moving away from a cascading multi-point sales tax system toward the implementation of a unified Value Added Tax (VAT) regime, a reform that laid the foundational blueprint for the later Goods and Services Tax (GST). The core philosophy of this text centers on analyzing tax efficiency, revenue neutrality, and fiscal federalism. The authors treat VAT not merely as a collection mechanism, but as an active macroeconomic instrument capable of eliminating the \"tax-on-tax\" cascading effect, streamlining interstate trade, and minimizing industrial tax evasion.\u003c\/p\u003e\n\u003cp\u003eThe book is structurally arranged into detailed thematic chapters that balance abstract public finance theories with empirical tax data. It begins with an extensive conceptual exploration of the historical evolution of consumption taxes globally, analyzing different models of VAT such as the consumption variant, income variant, and gross product variant. The narrative then shifts to a highly localized diagnostic evaluation of the Indian tax architecture, explicitly charting the structural limitations of the older Sales Tax regimes across various Indian states. The authors dedicate substantial analysis to the operational mechanics of input tax credits, zero-rating in exports, tax administration reforms, and the critical challenge of ensuring revenue neutrality for state governments. By incorporating comprehensive simulations and comparative case studies of state-level fiscal behaviors, the text details the economic impacts of tax harmonization on both small-scale manufacturing units and macro-level consumer price indexes.\u003c\/p\u003e\n\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eABOUT THE AUTHOR\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eDr. Mohan Prasad Shrivastava is an elite academician, economic researcher, and seasoned expert in public finance and fiscal economics. Having spent decades mentoring postgraduate research scholars and contributing to foundational literature on public economics, his authorial focus centers on simplifying state-level taxation policies and evaluating federal financial divisions in developing economies.\u003c\/p\u003e\n\u003cp\u003eDr. Shrivastava’s analytical and authorial style is exceptionally precise, data-driven, and supportive of deep academic inquiry. Writing as an expert fiscal policy peer who values structural transparency over abstract economic jargon, he anchors complex tax formulas with clear, step-by-step prose and explicit operational illustrations. By directly balancing economic theory with the real-world administrative hurdles faced by Indian tax departments, his collective literature continues to serve as an indispensable reference reference for research scholars, tax professionals, civil services aspirants, and policy architects specializing in macroeconomics and financial administration.\u003c\/p\u003e","brand":"APH Publishing Corporation","offers":[{"title":"Default Title","offer_id":51822040023338,"sku":"VASY-8176486612","price":42.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0693\/1218\/4618\/files\/WhatsAppImage2026-06-20at12.59.32PM.jpg?v=1781953090","url":"https:\/\/crazyshelf.com\/products\/economics-of-value-added-tax","provider":"Crazyshelf.com","version":"1.0","type":"link"}