The Implementation of the Goods and Services Tax (Gst) In India Is a Remarkable Move In The
Field of Indirect Tax Reforms. With the Amalgamation of the Majority of Central and State Taxes into An
Exclusive Single Tax, Gst Eliminates the Detrimental Effects of Cascading and Double Taxation and Paves
The Way For a Single Common National Market. Introduction of Gst Makes Indian Products Competitive Both
In the Domestic and International Markets Owing to the Full Neutralization of Input Taxes Across the Value
Chain of Production and Distribution. Being Transparent, It Is Easier to Administer a Shift from a Rather
Informal to Formal Economy. This Paper Presents an Overview of the Journey of Gst Implementation In
India and Examines Its Effect on the Indian Economy.