Explainer - 9 years of GST - Manorama Yearbook

• July 1 marks the ninth anniversary of the launch of the Goods and Services Tax (GST). • The GST, introduced on July 1, 2017, is India’s most significant indirect tax reform since Independence. What is Goods and Services Tax (GST)? • The introduction of the Goods and Services Tax (GST) regime in the country was a very significant step in the field of indirect tax reforms in India. By amalgam…