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Thought leadership:

GST in India: Decoding half a decade of a unified tax system

01 July 2022

Amalgamating Central and State level taxes into a single, uniform taxable event ‘supply’, GST sought to extricate the economy from the adverse effect of cascading taxes of the past. GST has stirred us from the archaic indirect tax laws to achieve the daunting task of re-designing the indirect tax horizon. The thrust and initial acceleration achieved thus far should be capitalised and converted into motive power to help the country cruise to the destination, rather than rest on the laurels.

As the nation celebrates 5 years since the implementation of this significant tax reform, we are pleased to share with you GST IN INDIA: DECODING HALF A DECADE OF A UNIFIED TAX SYSTEM - A special insight into India’s GST journey. The publication highlights what has changed and what remains the same under the GST regime and discusses the changes that are expected to fuel the reform further.