Vol. 7 No. 2 (2017): Vol 7, Iss 2, Year 2017

Gst in india: a key tax reform

Asst Prof of Commerce Periyar University Constituent College of Arts and Science Pappireddipatty, Dharmapuri (dt) – 636905
Asst Prof of Commerce Vivekanandha College of Arts and Sciences for Women (Autonomous)
Published June 30, 2017
  • Tax, Indirect tax, Goods and Service Tax (GST), India.
How to Cite
B, S., & P, D. (2017). Gst in india: a key tax reform. Journal of Management and Science, 7(2), 220-228. https://doi.org/10.26524/jms.2017.74


GST is one of the most crucial tax reforms in India which has been long
pending. It was supposed to be implemented from April 2010, but due to political issues and
conflicting interests of various stakeholders it is still pending. It is a comprehensive tax
system that will subsume all indirect taxes of states and central governments and unified
economy into a seamless national market. It is expected to iron out wrinkles of existing
indirect tax system and play a vital role in growth of India. This paper presents an overview
of GST concept, explains its features along with its timeline of implementation in India. The
paper is more focused on advantages of GST and challenges faced by India in execution


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