Reviewing the Six-Years Journey of Goods and Services Tax Implementation in India

Abstract

Background: The Introduction of the Goods and Services Tax (GST) in India is a significant tax reform aimed at realizing the vision of "One Nation, One Tax" by integrating 17 indirect Taxes. The implementation of GST with an aim to unify tax structures across the nation has encountered challenges and complexities during its acceptance phase. Methods: The study is exploratory in nature. The study uses Secondary data to shows the Journey of GST from the day it is implemented till Jan 2024 which covers the period of 6-years, focusing on compliance, transparency, and facilitation of Businesses. Result: Through a comprehensive analysis, the study aims to provide insights into the evolution and outcomes of GST, shedding light on its role in shaping India's tax landscape and contributing to the broader goals of economic development and streamlined taxation.